Ward's Reports Estimated Production
17 April 1998
Ward's Reports Estimated ProductionSOUTHFIELD, Mich., April 16 -- Vehicle production in the U.S., Canada and Mexico is expected to hit 300,732 units this week, an increase of 5.4 percent from the 285,453 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 4,895,616 vehicles. That lags 2.6 percent behind like-1997's pace. In the U.S., automakers are expected to produce 225,456 vehicles this week, up 5.1 percent from the 214,517 cars and trucks built last week. To date, calendar 1998 U.S. vehicle output totals an estimated 3,716,965 units, a drop of 2.1 percent from the 3,794,803 vehicles built in like-1997. Canadian vehicle production should hit 50,860 this week, a 7.1 percent increase from the 47,498 units assembled a week ago. Estimated calendar 1998 Canadian vehicle production now stands at 822,353 units, off 3.0 percent from the 847,624 vehicles produced in like-1997. Of the cars and trucks slated for production this week in the United States, General Motors Corp. accounts for 33.4 percent; Ford Motor Co., 28.6 percent; Chrysler Corp., 14.0 percent; Honda of America Mfg. Inc., 6.9 percent; Toyota Motor Mfg. Inc., 4.3 percent; New United Motor Mfg. Inc., 3.3 percent; Subaru-Isuzu Automotive Inc., 2.0 percent; Nissan Motor Mfg. Corp., 1.3 percent; Mitsubishi Motor Mfg. of America Inc., 1.3 percent; AutoAlliance International Inc., 1.2 percent; BMW of North America Inc., 0.6 percent; Mercedes-Benz U.S. International Inc., 0.6 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 1998 1997 1998 vs. 1997 U.S. Cars 104,966 98,473 132,541 1,697,791 1,857,102 -8.58 Trucks 120,490 116,044 120,820 2,019,174 1,937,701 4.00 TOTAL 225,456 214,517 253,361 3,716,965 3,794,803 -2.05 Canada Cars 27,690 25,058 31,441 451,640 463,617 -2.58 Trucks 23,170 22,440 24,657 370,713 384,007 -3.00 TOTAL 50,860 47,498 56,098 822,353 847,624 -2.98 Mexico Cars 15,399 14,693 16,733 235,518 238,897 -1.41 Trucks 9,017 8,745 5,936 120,780 145,502 -17.00 TOTAL 24,416 23,438 22,669 356,298 384,399 -7.31 U.S.\Canada\Mexico Cars 148,055 138,224 180,715 2,384,949 2,559,616 -6.82 Trucks 152,677 147,229 151,413 2,510,667 2,467,210 1.76 GRAND 300,732 285,453 332,128 4,895,616 5,026,826 -2.61 TOTAL Note: All figures include medium- and heavy-duty truck production. SOURCE Ward's Communications