Ward's Reports Estimated North Vehicle Production - January 9, 2004
SOUTHFIELD, Mich., Jan. 9, 2004 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 323,616 units, up substantially from the 13,234 cars and trucks built during the holiday last week, according to Ward's Automotive Reports.
Including this week's estimates, calendar year North American output now totals 336,850 vehicles, down 26.7 percent from like-2003's pace.
In the U.S., automakers are expected to produce 251,740 vehicles this week, up from the 3,270 cars and trucks built last week. To date, calendar 2004 U.S. vehicle output totals an estimated 255,010 units, down 26.1 percent from the 345,267 vehicles built in like-2003.
This week's Canadian vehicle production is estimated at 47,564, an increase from the 510 units assembled last week. Estimated calendar-2004 Canadian vehicle production now stands at 48,074 units, down 21.6 percent compared to the 61,281 vehicles produced in like-2003.
Of the cars and trucks slated for production this week in the U.S., General Motors Corp. accounted for 27.3 percent; Ford Motor Co., 30.3 percent; Chrysler of DaimlerChrysler, 12.5 percent; Honda of America Mfg. Inc., 6.6 percent; Toyota Motor Mfg. Inc., 6.6 percent; Nissan Motor Mfg. Corp., 6.7 percent; New United Motor Mfg. Inc., 3.0 percent; BMW of North America Inc., 1.3 percent; Mitsubishi Motor Mfg. of America Inc., 1.5 percent; AutoAlliance International Inc., 0.9 percent; Subaru of Indiana Automotive Inc., 1.1 percent; Mercedes-Benz U.S. of DaimlerChrysler, 0.6 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 2004 2003 2004 vs. 2003 U.S. Cars 88,563 0 101,509 88,563 139,734 -36.6 Trucks 163,177 3,270 150,870 166,447 205,533 -19.0 TOTAL 251,740 3,270 252,379 255,010 345,267 -26.1 Canada Cars 26,377 0 25,827 26,377 34,066 -22.6 Trucks 21,187 510 21,306 21,697 27,215 -20.3 TOTAL 47,564 510 47,133 48,074 61,281 -21.6 Mexico Cars 10,997 8,287 19,649 19,284 31,966 -39.7 Trucks 13,315 1,167 16,922 14,482 21,220 -31.8 TOTAL 24,312 9,454 36,571 33,766 53,186 -36.5 U.S.\Canada\Mexico Cars 125,937 8,287 146,985 134,224 205,766 -34.8 Trucks 197,679 4,947 189,098 202,626 253,968 -20.2 GRAND 323,616 13,234 336,083 336,850 459,734 -26.7 TOTAL Note: All figures include medium- and heavy-duty truck production. ON THE WEB: www.wardsauto.com