Ward's Reports Estimated Production
5 February 1998
Ward's Reports Estimated ProductionSOUTHFIELD, Mich., Feb. 5 -- Vehicle production in the U.S., Canada and Mexico is expected to hit 338,922 units this week, up 1.5 percent from a week ago, according to Ward's Automotive Reports. With this week's estimates, calendar year North American output now totals 1,559,442 cars and trucks, 8.2 percent off like-1997's pace. In the U.S., automakers are expected to produce 259,998 vehicles this week, up 1.4 percent from the 256,416 cars and trucks built last week. To date, calendar 1998 U.S. vehicle output totals an estimated 1,188,121 units, down 6.6 percent from the 1,272,544 vehicles built in like-1997. Canadian vehicle production should hit 58,390 vehicles this week, an increase of 1.5 percent from the 57,520 units assembled a week ago. Estimated calendar 1998 Canadian vehicle production now stands at 263,638, 9.1 percent below the 290,058 vehicles produced in like-1997. Of the cars and trucks slated for production this week in the United States, General Motors Corp. accounts for 34.2 percent; Ford Motor Co., 26.8 percent; Chrysler Corp., 16.0 percent; Honda of America Mfg. Inc., 6.0 percent; Toyota Motor Mfg. Inc., 3.6 percent; Nissan Motor Mfg. Corp., 3.4 percent; New United Motor Mfg. Inc., 2.9 percent; Subaru-Isuzu Automotive Inc., 1.8 percent; Mitsubishi Motor Mfg. of America Inc., 1.4 percent; AutoAlliance International Inc., 1.0 percent; BMW of North America Inc., 0.5 percent; Mercedes-Benz U.S. International Inc., 0.4 percent; and other manufacturers, 2.0 percent. NORTH AMERICA FACTORY PRODUCTION This Week Last Week Same Week To Date To Date Pct. Change Estimated Revised Last Year 1998 1997 1998 vs. 1997 U.S. Cars 119,546 118,759 123,443 559,613 613,789 -8.83 Trucks 140,452 137,657 131,008 628,508 658,755 -5.00 TOTAL 259,998 256,416 254,451 1,188,121 1,272,544 -6.63 Canada Cars 31,534 31,378 31,326 145,959 158,807 -8.09 Trucks 26,856 26,142 24,730 117,679 131,251 -10.00 TOTAL 58,390 57,520 56,056 263,638 290,058 -9.11 Mexico Cars 13,574 13,053 15,171 71,411 82,009 -12.92 Trucks 6,960 6,938 9,574 36,272 53,514 -32.00 TOTAL 20,534 19,991 24,745 107,683 135,523 -20.54 U.S.\Canada\Mexico Cars 164,654 163,190 169,940 776,983 854,605 -9.08 Trucks 174,268 170,737 165,312 782,459 843,520 -7.24 GRAND 338,922 333,927 335,252 1,559,442 1,698,125 -8.17 TOTAL Note: All figures include medium- and heavy-duty truck production. SOURCE Ward's Communications