Ward's Reports Estimated Vehicle Production
SOUTHFIELD, Mich., May 30, 2003 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 300,838 units, down from the 324,150 cars and trucks built last week, according to Ward's Automotive Reports.
Including this week's estimates, calendar year North American output now totals 7,112,906 vehicles, down 3.1 percent from like-2002's pace.
In the U.S., automakers are expected to produce 208,557 vehicles this week, down 12.9 percent from the 239,361 cars and trucks built last week. To date, calendar 2003 U.S. vehicle output totals an estimated 5,236,876 units, down 2.8 percent from the 5,388,205 vehicles built in like-2002.
This week's Canadian vehicle production is estimated at 60,622, a 20.6 percent increase from the 50,287 units assembled last week. Estimated calendar-2003 Canadian vehicle production now stands at 1,145,120 units, down 3.5 percent compared to the 1,186,639 vehicles produced in like-2002.
Of the cars and trucks slated for production this week in the U.S., General Motors Corp. accounted for 32.1 percent; Ford Motor Co., 25.5 percent; Chrysler of DaimlerChrysler, 15.6 percent; Honda of America Mfg. Inc., 6.7 percent; Toyota Motor Mfg. Inc., 5.9 percent; Nissan Motor Mfg. Corp., 4.2 percent; New United Motor Mfg. Inc., 3.0 percent; Subaru Automotive Inc., 1.0 percent; Mitsubishi Motor Mfg. of America Inc., 1.6 percent; AutoAlliance International Inc., 0.7 percent; Mercedes-Benz U.S. of DaimlerChrysler, 0.7 percent; BMW of North America Inc., 1.4 percent; and other manufacturers, 1.6 percent.
NORTH AMERICA FACTORY PRODUCTION This Week Last Week Same Week To Date To Date Pct. Change Estimated Revised Last Year 2003 2002 2003 vs. 2002 U.S. Cars 80,311 91,250 88,556 1,976,268 2,282,521 -13.4 Trucks 128,246 148,111 127,338 3,260,608 3,105,684 5.0 TOTAL 208,557 239,361 215,894 5,236,876 5,388,205 -2.8 Canada Cars 31,625 26,153 31,449 607,999 596,925 1.9 Trucks 28,997 24,134 27,711 537,121 589,714 -8.9 TOTAL 60,622 50,287 59,160 1,145,120 1,186,639 -3.5 Mexico Cars 16,672 17,891 21,499 383,216 418,103 -8.3 Trucks 14,987 16,611 17,097 347,694 347,423 0.1 TOTAL 31,659 34,502 38,596 730,910 765,526 -4.5 U.S.\Canada\Mexico Cars 128,608 135,294 141,504 2,967,483 3,297,549 -10.0 Trucks 172,230 188,856 172,146 4,145,423 4,042,821 2.5 GRAND 300,838 324,150 313,650 7,112,906 7,340,370 -3.1 TOTAL Note: All figures include medium- and heavy-duty truck production. ON THE WEB: www.wardsauto.com