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WARD'S REPORTS ESTIMATED PRODUCTION

5 September 1997

WARD'S REPORTS ESTIMATED PRODUCTION

    SOUTHFIELD, Mich., Sept. 4 -- Vehicle production in the U.S.,
Canada and Mexico is expected to hit 264,507 units in this American holiday-
shortened work week, including 132,764 cars and 131,743 trucks, according to
Ward's Automotive Reports.
    With this week's production, estimated calendar year North American output
now totals 10,795,188 units.  That's up 0.9 percent compared to the 10,697,361
vehicles built in like-1996.
    Due to the Labor Day holiday on Monday, U.S. vehicle production is
expected to total 195,842 units this week, down 18.2 percent from last week's
output of 239,353.  Calendar 1997 U.S. car and truck production now stands at
8,085,115, a drop of 0.3 percent from like-1996's pace.
    In Canada, automakers will manufacture 43,230 cars and trucks this week, a
decline of 7.5 percent from last week's total of 46,745 units.  Estimated
calendar year Canadian car and truck production now stands at 1,796,849 units,
up 6.9 percent from like-1996 levels.
    Of the cars and trucks slated for production this week in the United
States, General Motors Corp. accounts for 38.3 percent; Ford Motor Co., 30.0
percent; Chrysler Corp., 13.4 percent; Honda of America Mfg. Inc., 3.7
percent; Toyota Motor Mfg., 3.2 percent; Nissan Motor Mfg., 2.5 percent; New
United Motor Mfg. Inc., 2.3 percent; Mitsubishi Motor Mfg. of America Inc.,
1.9 percent; Subaru-Isuzu Automotive Inc., 1.7 percent; BMW of North America
Inc., 0.5 percent; AutoAlliance International Inc., 0.0 percent; and other
manufacturers, 2.5 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     95,022    118,083     106,362  4,040,297   4,227,899     -4.44
    Trucks  100,820    121,270      98,539  4,044,818   3,877,799      4.31
    TOTAL   195,842    239,353     204,901  8,085,115   8,105,698     -0.25
    Canada
    Cars     20,389     21,380      24,816    964,385     896,847      7.53
    Trucks   22,841     25,365      20,905    832,464     784,282      6.14
    TOTAL    43,230     46,745      45,721  1,796,849   1,681,129      6.88

    Mexico
    Cars     17,353     17,397      16,171    557,005     558,081     -0.19
    Trucks    8,082      8,176       9,068    356,219  352,453      1.07
    TOTAL    25,435     25,573      25,239    913,224     910,534      0.30

    U.S.\Can.\Mexico
    Cars    132,764    156,860     147,349  5,561,687   5,682,827     -2.13
    Trucks  131,743    154,811     128,512  5,233,501   5,014,534      4.37
    GRAND   264,507    311,671     275,861 10,795,188  10,697,361      0.91
    TOTAL
    Note: All figures include medium-and heavy-duty truck production.

SOURCE  Ward's Automotive Reports