Ward's Reports Estimated Production
27 March 1998
Ward's Reports Estimated ProductionSOUTHFIELD, Mich., March 26 -- Vehicle production in the U.S., Canada and Mexico is expected to hit 352,329 units this week, an increase of less than 1 percent from the 350,865 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 3,945,343 vehicles. That lags 2.9 percent behind like-1997's pace. In the U.S., automakers are expected to produce 267,454 vehicles this week, up slightly from the 265,981 cars and trucks built last week. To date, calendar 1998 U.S. vehicle output totals an estimated 2,999,551 units, a drop of 2.2 percent from the 3,066,315 vehicles built in like-1997. Canadian vehicle production should hit 58,652 this week, down slightly from the 59,167 units assembled a week ago. Estimated calendar 1998 Canadian vehicle production now stands at 662,764 units, off 3.4 percent from the 686,351 vehicles produced in like-1997. Of the cars and trucks slated for production this week in the United States, General Motors Corp. accounts for 32.5 percent; Ford Motor Co., 27.8 percent; Chrysler Corp., 17.3 percent; Honda of America Mfg. Inc., 5.5 percent; Toyota Motor Mfg. Inc., 4.2 percent; Nissan Motor Mfg. Corp., 3.1 percent; New United Motor Mfg. Inc., 2.8 percent; Subaru-Isuzu Automotive Inc., 1.7 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, 1.9 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 120,755 120,579 108,590 1,369,921 1,499,054 -8.61 Trucks 146,699 145,402 100,484 1,629,630 1,567,261 4.00 TOTAL 267,454 265,981 209,074 2,999,551 3,066,315 -2.18 Canada Cars 32,079 32,686 24,065 366,744 373,582 -1.83 Trucks 26,573 26,481 19,851 296,020 312,769 -5.00 TOTAL 58,652 59,167 43,916 662,764 686,351 -3.44 Mexico Cars 17,463 17,106 11,207 188,990 188,855 0.07 Trucks 8,760 8,611 6,669 94,038 119,865 -22.00 TOTAL 26,223 25,717 17,876 283,028 308,720 -8.32 U.S.\Canada\Mexico Cars 170,297 170,371 143,862 1,925,655 2,061,491 -6.59 Trucks 182,032 180,494 127,004 2,019,688 1,999,895 0.99 GRAND 352,329 350,865 270,866 3,945,343 4,061,386 -2.86 TOTAL Note: All figures include medium- and heavy-duty truck production. SOURCE Ward's Automotive Reports