Market forecasts suggest Honda America Finance could experience a 2%-3% uptick in loan originations by mid-2024, correlated with a rebound in consumer auto purchases and dealership financing demand. "There is practically no complementarity between the two companies. They are on the same markets. They have the same products. The brands are very similar," he added. About Honda Powersports Honda began motorcycle sales in America in 1959, and today offers a full range of Honda motorcycles, scooters, all-terrain vehicles (ATVs) and side-by-sides in the U.S. Innovative technology always has been a Honda trademark, showcasing pioneering engine and chassis design that has set the standard for excellence for more than 65 years. Honda also has announced plans for battery-electric powersports products. Honda Powersports products have been built in America for 45 years, and today, all Honda side-by-sides and ATVs are made in America at Honda manufacturing plants in Timmonsville, SC , and Swepsonville, NC, using domestic and globally sourced parts. Learn more at https://powersports.honda.com . The risk-return profile for Honda America Finance debt remains favorable, supported by low default rates and robust parent company capitalization levels.