ADDING MULTIMEDIA Honda Builds 1 Millionth Automobile for Export From U.S.

  ADDING MULTIMEDIA Honda Builds 1 Millionth Automobile for Export From U.S.

    -- Honda Will Become “Net Exporter” from North America in Two Years --

-- Marysville, Ohio Auto Plant Began Building Vehicles for Export 25 Years Ago
                                      --

Business Wire

MARYSVILLE, Ohio -- December 06, 2012

Twenty-five years after the first U.S.-made Honda automobile was exported to
overseas markets, associates at the company’s Marysville Auto Plant today
marked production of the 1 millionth Honda automobile to be exported from the
U.S. The silver 2013 Honda Accord EX-L Sedan will be shipped to South Korea.

American Honda President Tetsuo Iwamura and Jim Burrell join Tyrone Moore,
Hide Iwata, Jeff Tomko an ...

American Honda President Tetsuo Iwamura and Jim Burrell join Tyrone Moore,
Hide Iwata, Jeff Tomko and over 500 other Honda of America Manufacturing, Inc.
associates to commemorate the production of Honda's 1 millionth U.S. export
vehicle - a Honda Accord EX-L - headed to Seoul, South Korea. (Photo: Business
Wire)

Within two years, Honda will become a “net exporter” of automobiles from North
America – exporting more vehicles built in its auto plants in North America
than it imports from Japan – as these local production operations take on a
larger responsibility for the introduction of global automobiles sold in
multiple countries.

“Quality for the world, made in America, has been an important Honda
commitment for the past 25 years,” said Takanobu Ito, president & CEO of Honda
Motor Co., Ltd., in a video message to the gathering. “In the coming years, we
will take on the challenge of helping even more customers around the world
enjoy Honda products made in the USA.”

Since 1987, Honda has exported more than $22 billion worth of automobiles and
components from the U.S. This includes its exports of finished vehicles as
well as component parts sets from suppliers in the U.S. that are used to
produce automobiles at Honda plants overseas.

The export milestone Accord Sedan that rolled off the assembly line in
Marysville, Ohio, now embarks on a more than 8,000-mile journey across the
United States to Port Hueneme in Southern California, and then across the
Pacific Ocean to Seoul, South Korea, where the company recently began sales of
its U.S.-made vehicles. Honda currently exports automobiles to more than 40
countries (Honda does not include shipments from the U.S. to Canada as
exports), with total exports expected to reach nearly 100,000 Honda and Acura
vehicles from the U.S. in 2012.

Honda recently marked its 30^th anniversary of producing automobiles in
America, becoming the first Japanese carmaker to make automobiles in America
on Nov. 1, 1982. Five years later, Honda became the first international
automaker to export U.S.-made automobiles to overseas markets when it began
shipping Ohio-made Accords to Taiwan in fall 1987. A year later, Honda
exported its first U.S.-made Accord Coupe to Japan.

With an investment of more than $2.2 billion in its North American operations
over the past two years, Honda will increase automobile production capacity in
North America from the current 1.63 million to 1.92 million units per year in
2014. As a result, in the coming years, annual exports of Honda and Acura
automobiles from the U.S. are expected to far surpass the company’s previous
single-year export record of 105,511 vehicles set in 1994.

Every Honda auto plant in North America builds cars and trucks for export to
global markets, including operations in Ohio, Alabama and Indiana. Exported
models include the Honda Civic, Accord, CR-V, Pilot, Odyssey, Crosstour and
Ridgeline and the Acura ILX, TL, RDX and MDX. Further, many of the vehicles
exported from the U.S. were designed and developed in the U.S. by Honda R&D
Americas.

Honda currently exports automobiles to more than 40 countries from the U.S.
through seven port facilities in three states:

  *Port Hueneme, Calif.
  *Jacksonville, Miami and Tampa, Fla.
  *Brunswick, Ga.
  *Baltimore, Md.
  *Newark, N.J.

The one million automobiles exported from America represents a value of $19
billion dollars since the first export to Taiwan in 1987. Further, the
cumulative export of component parts sets is valued at more than $3.24
billion.

In addition to the export of automobiles and automobile parts, American Honda
also exports power sports (ATVs) and power equipment products made at Honda’s
U.S. plants to overseas markets:

  *Cumulative exports of power sports products from the U.S., including ATVs
    now produced in Timmonsville, S.C., total more than 500,000 units, since
    1980.
  *Cumulative exports of power equipment products from the U.S., including
    lawn mowers, general purpose engines, surpassed the 2 million-unit mark in
    2012, since the start of power equipment production in Swepsonville, N.C.
    in 1984.

A complete, year-by-year history of Honda’s automobile, power sports and power
equipment exports can be found in the Honda Digital FactBook. To see a video
about Honda’s U.S. manufacturing and export efforts, please click here.

About Honda

Honda established operations in America in 1959, and now employs more than
26,000 associates in its U.S. sales, R&D and manufacturing operations with a
capital investment of more than $12.5 billion.

Based on its longstanding commitment to "build products close to the customer"
Honda operates 14 major manufacturing facilities in North America, producing a
wide range of Honda and Acura automobiles, automobile engines and
transmissions, Honda all-terrain vehicles, and power equipment products such
as lawn mowers, mini-tillers and general purpose engines, using domestic and
globally sourced parts.

Seven Honda auto plants in the region, including four in the U.S., have the
capacity to produce 1.63 million automobiles each year. In 2011, 85 percent of
the Honda and Acura automobiles sold in the U.S. were produced in North
America. This will increase to 1.92 million vehicles per year in 2014, when
the sales percentage of locally produced automobiles is expected to rise to
more than 90 percent.

Honda operates major research and development centers in the U.S. that fully
design, develop and engineer many of the products Honda produces in North
America.

Connect to Honda:

Honda Multimedia Newsroom (for media only): http://www.hondanews.com
Honda of America Mfg., Inc. (Press Room): www.ohio.honda.com
Honda News & Views: http://www.honda.com/news
Honda in America: http://www.hondainamerica.com
Honda on Twitter: http://www.twitter.com/americanhonda
Honda of America Mfg. on Twitter: http://www.twitter.com/hondamfgohio
Honda on Facebook: http://www.facebook.com/honda
Honda on YouTube: http://www.youtube.com/honda
Honda on Flickr: http://www.flickr.com/hondanews
Honda Website: http://www.honda.com
Pinterest: http://pinterest.com/honda/
On Google+

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http://www.businesswire.com/multimedia/home/20121205006648/en/

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Contact:

American Honda Motor Co., Inc.
Jeffrey Smith, 310-781-5062
jeffrey_smith@ahm.honda.com
or
Honda of America, Mfg., Inc.
Ron Lietzke, 937-644-6627
ron_lietzke@ham.honda.com
or
Honda North America, Inc., Detroit
Edward Miller, 313-202-3150
ed_miller@hna.honda.com
 
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