Ward's Reports Estimated Production
13 March 1998
Ward's Reports Estimated Production
SOUTHFIELD, Mich., March 12 -- Vehicle production in the
U.S., Canada and Mexico is expected to hit 344,352 units this week, an
increase of 0.6 percent from the 342,319 cars and trucks built a week ago,
according to Ward's Automotive Reports.
With this week's estimates, calendar year North American output now totals
3,248,293 vehicles. That outturn lags 5.8 percent behind like-1997's pace.
In the U.S., automakers are expected to produce 261,297 vehicles this
week, up 1.2 percent from the 258,125 cars and trucks built last week. To
date, calendar 1998 U.S. vehicle output totals an estimated 2,471,671 units, a
drop of 4.9 percent from 2,599,344 vehicles built in like-1997.
Canadian vehicle production should hit 58,102 this week, down 0.5 percent
from the 58,417 units assembled a week ago. Estimated calendar 1998 Canadian
vehicle production now stands at 545,875 units, off 6.2 percent from the
581,990 vehicles produced in like-1997.
Of the cars and trucks slated for production this week in the United
States, General Motors Corp. accounts for 34.0 percent; Ford Motor Co., 26.5
percent; Chrysler Corp., 16.8 percent; Honda of America Mfg. Inc., 5.6
percent; Toyota Motor Mfg. Inc., 3.8 percent; Nissan Motor Mfg. Corp., 3.2
percent; New United Motor Mfg. Inc., 2.9 percent; Subaru-Isuzu Automotive
Inc., 1.8 percent; Mitsubishi Motor Mfg. of America Inc., 1.1 percent;
AutoAlliance International Inc., 1.1 percent; BMW of North America Inc., 0.5
percent; Mercedes-Benz U.S. International Inc., 0.5 percent; and other
manufacturers, 2.2 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 118,510 107,497 126,702 1,128,094 1,263,809 -10.74
Trucks 142,787 150,628 139,430 1,343,577 1,335,535 1.00
TOTAL 261,297 258,125 266,132 2,471,671 2,599,344 -4.91
Canada
Cars 32,523 33,195 30,379 302,294 317,076 -4.66
Trucks 25,579 25,222 26,867 243,581 264,914 -8.00
TOTAL 58,102 58,417 57,246 545,875 581,990 -6.21
Mexico
Cars 16,362 17,228 15,749 154,163 161,901 -4.78
Trucks 8,591 8,549 10,049 76,584 103,612 -26.00
TOTAL 24,953 25,777 25,798 230,747 265,513 -13.09
U.S.\Canada\Mexico
Cars 167,395 157,920 172,830 1,584,551 1,742,786 -9.08
Trucks 176,957 184,399 176,346 1,663,742 1,704,061 -2.37
GRAND 344,352 342,319 349,176 3,248,293 3,446,847 -5.76
TOTAL
Note: All figures include medium- and heavy-duty truck production.
SOURCE Ward's Communications