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PRESS RELEASE

Ward's Reports Estimated Production

17 April 1997

Ward's Reports Estimated Production

    SOUTHFIELD, Mich., April 17 -- Vehicle production in the
U.S., Canada and Mexico is expected to hit 335,467 units this week, including
180,893 cars and 154,574 trucks, according to Ward's Automotive Reports.  The
total marks a 5.4 percent increase from the 318,272 vehicles built last week.
    With this week's output, estimated calendar year North American production
now stands at 5,011,731, up 6.4 percent from the 4,710,197 vehicles produced
in like-1996.
    U.S. vehicle production is expected to total 254,753 this week, up 6.9
percent from the 238,306 units assembled last week.  Estimated calendar year
U.S. car and truck output now stands at 3,784,614, 5.6 percent ahead of like-
1996's pace.
    In Canada, automakers will assemble 54,618 vehicles this week, a drop of
0.3 percent from last week's output of 54,784 units.  Estimated calendar
Canadian car and truck production totals 844,847 units, 9.9 percent ahead of
like-1996 levels.
    Of the cars and trucks slated for production this week in the United
States, General Motors Corp. accounts for 37.1 percent; Ford Motor Co., 31.3
percent; Chrysler Corp., 9.1 percent; Honda of America Mfg. Inc., 5.6 percent;
Toyota Motor Mfg. 3.7 percent; Nissan Motor Mfg. 3.6 percent; New United Motor
Mfg. Inc., 3.1 percent; Mitsubishi Motor Mfg. of America Inc., 1.6 percent;
Subaru-Isuzu Automotive Inc., 1.5 percent; AutoAlliance International Inc.,
1.3; BMW of North America Inc., 0.5 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   1997      1996  1997 vs. 1996
    U.S.
    Cars          133,950   114,732   138,181  1,858,576  1,804,524    2.99
    Trucks        120,803   123,574   128,473  1,926,038  1,779,595    8.23
    TOTAL         254,753   238,306   266,654  3,784,614  3,584,119    5.59
    Canada
    Cars           31,312    30,890    31,007    463,647    400,002   15.91
    Trucks         23,306    23,894    27,517    381,200    369,047    3.29
    TOTAL          54,618    54,784    58,524    844,847    769,049    9.86
    Mexico
    Cars           15,631    15,066    16,159    234,356    237,082   -1.15
    Trucks         10,465    10,116     8,435    147,914    119,947   23.32
    TOTAL          26,096    25,182    24,594    382,270    357,029    7.07
    U.S.\Canada\Mexico
    Cars          180,893   160,688   185,347  2,556,579  2,441,608    4.71
    Trucks        154,574   157,584   164,425  2,455,152  2,268,589    8.22
    GRAND         335,467   318,272   349,772  5,011,731  4,710,197    6.40
    TOTAL

    Note: All figures include medium- and heavy-duty truck production.
     ON THE WEB: http://www.wardsauto.com

SOURCE  Ward's Automotive Reports




CONTACT: Brian Corbett of Ward's, 810-799-2639