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Ward's Reports Estimated Production

23 December 1997

Ward's Reports Estimated Production

    SOUTHFIELD, Mich., Dec. 23 -- North American vehicle
production will wind up at a record 15,948,797 units in calendar 1997, up 3.8
percent from like-1996 levels, according to Ward's Automotive Reports
estimates.
    The tally includes 8,093,090 cars and 7,855,707 trucks, the latter also an
all-time best.  A year ago, automakers assembled 8,121,293 cars and 7,251,237
trucks in North America.
    With all U.S. and Canadian plants operating just two days this week due to
the holidays, North American vehicle production will reach only an estimated
136,542 units, including 65,072 cars and 71,470 trucks.
    In the U.S., vehicle manufacturers are expected to produce 95,737 units,
down 64.9 percent from last week's total of 273,084.
    Canadian vehicle production should hit 20,913 vehicles this week, a 62.0
percent decline from the 55,921 built last week.
    Of the cars and trucks slated for production this week in the United
States, Ford Motor Co. accounts for 30.6 percent; General Motors Corp., 30.2
percent; Chrysler Corp., 16.4 percent; Honda of America Mfg. Inc., 5.3
percent; Toyota Motor Mfg. Inc., 4.1 percent; Nissan Motor Mfg. Corp., 3.5
percent; New United Motor Mfg. Inc., 3.2 percent; Subaru-Isuzu Automotive
Inc., 1.9 percent; AutoAlliance International Inc., 1.3 percent; Mitsubishi
Motor Mfg. of America Inc., 0.7 percent; BMW of North America Inc., 0.5
percent; Mercedes-Benz U.S. International Inc., 0.5 percent; and other
manufacturers, 1.8 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   42,889    130,929      390   5,928,146   6,039,358   -1.84
     Trucks 52,848    142,155      481   6,176,054   5,706,358    8.00
     TOTAL  95,737    273,084      871  12,104,200  11,745,716    3.05
    Canada
     Cars   10,801    28,911         0   1,375,102   1,276,866    7.69
     Trucks 10,112    27,010         0   1,202,705   1,137,201    6.00
     TOTAL   20,913   55,921         0   2,577,807   2,414,067    6.78
    Mexico
     Cars    11,382   15,734     6,654     789,842     805,069   -1.89
     Trucks   8,510    8,697     2,703     476,948     407,678   17.00
     TOTAL   19,892   24,431     9,357   1,266,790   1,212,747    4.46
    U.S.\Canada\Mexico
     Cars    65,072  175,574     7,044   8,093,090   8,121,293   -0.35
     Trucks  71,470  177,862     3,184   7,855,707   7,251,237    8.34
     GRAND  136,542  353,436    10,228  15,948,797  15,372,530    3.75
     TOTAL

    Note: All figures include medium- and heavy-duty truck production.
SOURCE  Ward's Automotive Reports