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Honda vehicle sales in 1997 totaled 6,872 units (up 7% over 1996) but declined by 83% in 1998, to 1,182 units, mainly due to the economic crisis that hit the Southeast Asian region. In 1999, Honda Motor Co., Ltd. established a joint venture company called PT Honda Prospect Motor (HPM) on 15 February 1999.
The fifth-generation Honda Civic is an automobile produced by Honda from 1991 until 1995. It debuted in Japan on September 9, 1991. It debuted in Japan on September 9, 1991. At its introduction, it won the Car of the Year Japan award for the second time.
A race version called Honda Civic Mugen RC was developed by Mugen for the 2008 Honda Exciting Cup Civic One-Make Race-Civic Series. [20] The engine is the stock K20A engine from FD2 Honda Civic Type R. It came in the following models with the following prices: Basic: ¥6,247,500 (5,950,000+tax). Standard: ¥7,192,500 (6,850,000+tax).