The seventh generation of the Accord was launched in 2002 (2003 model year in North America),[33] and consists of two separate models; one for the Japanese and European markets, and the other for North America. However, both were in fact sold in many other markets, fueled by the popular Cog advertisement for the Accord. Euro R trim continued into this generation as performance model for Japanese market, making use of K20 engine producing 220 hp, however, European performance model was renamed Type S and used larger K24 engine tuned to produce 190 hp.

North America
The North American Accord grew in size yet again, becoming a vastly different car than its Japanese and European counterpart. This generation was available in both coupe and sedan forms, while a hybrid model was introduced in early 2005.[36] For 2006, it was significantly updated. This generation Accord was the first to use wheels with five lug nuts instead of the traditional four on 4-cylinder models. The 4-cylinder version came with 161 horsepower (120 kW) and 160 pound-feet (220 N·m) (166 horsepower (124 kW) and 161 pound-feet (218 N·m) for 2005–2007 models) K24A1 2397 cc 4 cyl engine mated to a 5-speed automatic or 5-speed manual. The 4-cylinder engine also utilized a timing chain instead of a timing belt.[37] For 2003, Honda began to offer a more aggressive Accord Coupe, equipped with the 240 horsepower (180 kW) and 212 pound-feet (287 N·m) (244 horsepower (182 kW) and 211 pound-feet (286 N·m) for 2006–2007 models) J30A4 2997cc V6 mated to a 6-speed manual transmission borrowed from the Acura TL Type S (without a limited slip differential). This coupe came with 17-inch wheels (that varied between the 03-05 and 06-07 models), strut tower bar, perforated leather seating, carbon fiber dash pieces, and an upgraded 180 watt stereo system. Because of the ability to maintain activation of the VTEC system all the way through hard acceleration, the Accord EX V6 6-speed ran from 0–60 MPH in just 5.9 seconds according to Car and Driver, more than a second faster than the automatic version. For 2006, Honda offered this engine and transmission combination in the sedan, which only lasted through 2007.
This model was also sold in Japan as the Honda Inspire from 2003 to 2008. In China the model got the name Guangzhou-Honda Accord and was sold from 2003 up to December 2009.

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