Ward's Reports Estimated Production

    SOUTHFIELD, Mich., March 23 Vehicle production this week
in the U.S., Canada and Mexico is expected to hit an estimated 334,254 units,
down from the 339,969 cars and trucks built last week, according to Ward's
Automotive Reports.

    Including this week's estimates, calendar year North American output now
totals 3,612,292 vehicles, down 18.7 percent from like-2000's pace.

    In the U.S., automakers are expected to produce 239,617 vehicles this
week, down 4.2 percent from the 250,057 cars and trucks built last week.  To
date, calendar 2001 U.S. vehicle output totals an estimated 2,562,924 units,
down 21.2 percent from the 3,252,218 vehicles built in like-2000.

    This week's Canadian vehicle production is estimated at 56,675, a 7.1
percent increase from the 52,899 units assembled last week.  Estimated
calendar-2001 Canadian vehicle production now stands at 622,750 units, down
21.0 percent compared to the 788,142 vehicles produced in like-2000.

    Of the cars and trucks slated for production this week in the U.S.,
General Motors Corp. accounted for 30.7 percent; Ford Motor Co., 30.0 percent;
Chrysler of DaimlerChrysler, 15.8 percent; Honda of America Mfg. Inc., 5.7
percent; Toyota Motor Mfg. Inc., 5.3 percent; Nissan Motor Mfg. Corp., 2.1
percent; New United Motor Mfg. Inc., 3.1 percent; Subaru-Isuzu Automotive
Inc., 1.8 percent; Mitsubishi Motor Mfg. of America Inc., 1.7 percent;
AutoAlliance International Inc., 0.9 percent; Mercedes-Benz U.S. of
DaimlerChrysler, 0.7 percent; BMW of North America Inc., 1.0 percent; and
other manufacturers, 1.2 percent.

                       NORTH AMERICA FACTORY PRODUCTION
             This Week  Last Week  Same Week  To Date   To Date  Pct. Change
             Estimated   Revised   Last Year   2001      2000   2001 vs. 2000

    U.S.
    Cars     103,856    108,688    126,138  1,160,383  1,379,163    -15.9
    Trucks   135,761    141,369    170,964  1,402,541  1,873,055    -25.1
    TOTAL    239,617    250,057    297,102  2,562,924  3,252,218    -21.2
    Canada
    Cars      30,400     25,614     35,495    313,026    411,024    -23.8
    Trucks    26,275     27,285     31,415    309,724    377,118    -17.9
    TOTAL     56,675     52,899     66,910    622,750    788,142    -21.0
    Mexico
    Cars      22,163     21,926     20,040    242,458    255,141     -5.0
    Trucks    15,799     15,087     12,309    184,160    149,042     23.6
    TOTAL     37,962     37,013     32,349    426,618    404,183      5.6
    U.S.\
    Canada\
    Mexico
    Cars     156,419    156,228    181,673  1,715,867  2,045,328    -16.1
    Trucks   177,835    183,741    214,688  1,896,425  2,399,215    -21.0
    GRAND    334,254    339,969    396,361  3,612,292  4,444,543    -18.7
    TOTAL

    Note: All figures include medium- and heavy-duty truck production.