Honda Vietnam's Cumulative Production Achieved 5 Million-unit Milestone

JCN Newswires, July 29, 2008

Hanoi, July 28, 2008 - (ACN Newswire) - Honda Vietnam Company (HVN) celebrates the 5th million motorcycle to be produced in the first Motorcycle plant. To be at the ceremony are Koji Onishi, General Director of HVN, many journalists, suppliers and whole staffs of the company.

The 5th million unit marked HVN's continuous effort for more than 12 years to meet the increasing demand of Vietnamese customers. In his speech at the ceremony, Koji Onishi, General Director of HVN said that "HVN products has met the demand of customers in terms of: high quality, safety, modern & fuel economy. This is not only the proud but also the reponsibility of HVN. I do believe that we can do better to satisfy customers."

For the recent years, HVN has continually applied the most advanced equipments of Honda in producing motorcycle models in Vietnam. By November 2006, in the First Motorcycle plant, the company had comprehensively modernized, upgraded production lines and put into manufacture many advanced machinery in order to meet the demand of raising the capacity from 800.000 unit/year to 1 million/year. Soon after that, in July 2007, HVN officially annnounced to broaden investing by building the second Motorcycle plant in Vietnam, which is supposed to focus on producing scooters and high class gear models. Carrying out those project, HVN desire to set a stable investment and well-developed business in Vietnam.

Furthermore, in order to meet with the growing demands of the Vietnamese customers, HVN had recently reinforced its model line up by adding scooters like Air Blade and CLICK and more environmental friendly model like Future Neo with PGM FI (Honda Programmed Fuel Injection). 5 million units for more than 12 years at present is a repeatedly great achievement of HVN in the area and all over the world, which helps to push HVN to be ranked among the list of the topHondamotorcycle factories globally.

Just within the first 6 months of this year, the company has had nearly 600,000 motorcycles delivered to the customers.

On the strong, sound base of the already gained achievements, HVN will continue to strike the best to become a corporate citizen, a part of Vietnam society, to share a hand in building the country to get stable developments.

About Honda Motor Co., Ltd.

Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com .

Source: Honda Motor Co., Ltd.

Contact:

Honda Motor Co., Ltd.
Media Inquiries
corporate_pr@hm.honda.co.jp
 81-3-5412-1512

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