
The seventh generation continued the Honda company's earlier plan of a four year generation cycle, which was not followed in the prior generation. In America it grew again. The sedan and the coupe were the basic models as before, but the coupe was no longer exported to either Europe or Japan under the Accord name.

The North American car received more refinement with chrome interior accents and higher grade interior materials. The trim lines remained the same. A new 4-cylinder engine was introduced while the V6 remained the same, but increased to 240 hp based on modifications to the intake and exhaust systems. The U.S. model was now larger with more interior room and weighed more than its international counterparts. A new "enthusiast" version was introduced with a sports suspension and the Acura CL's 6-speed manual transmission to the V6 Coupe.
In 2003 the company's GPS assisted Navigation system was made an option on all Accord trim lines.
In 2004 was the announcement that a hybrid version called the Accord Hybrid would be available in 2005. Also in 2004 XM Satellite radio became available as a factory installed option. In 2005 various updates were made including standard side curtain and front seat side impact airbags, new wheel designs and modified tail lights.
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