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Ward's Reports Estimated Production

12 October 1998

Ward's Reports Estimated Production
    SOUTHFIELD, Mich., Oct. 9 -- Vehicle production this week in
the U.S., Canada and Mexico is expected to hit an estimated 338,961 units,
down from the 355,676 cars and trucks built a week ago, according to Ward's
Automotive Reports.
    Including this week's estimates, calendar year North American output now
totals 12,161,187 vehicles, down 2.0 percent from like-1997's pace.
    In the U.S., automakers are expected to produce 267,588 vehicles this
week, nearly equal to the 267,477 cars and trucks built last week.  To date,
calendar 1998 U.S. vehicle output totals an estimated 9,197,660 units, down
1.9 percent from the 9,374,057 vehicles built in like-1997.
   This week's Canadian vehicle production is estimated at 42,396 a
27.5 percent decrease from the 58,444 units assembled a week ago.  Estimated
calendar-1998 Canadian vehicle production now stands at 1,913,202 units, off
6.1 percent from the 2,037,596 vehicles produced in like-1997.
    Of the cars and trucks slated for production this week in the U.S.,
General Motors Corp. accounted for 35.2 percent; Ford Motor Co., 27.5 percent;
Chrysler Corp., 15.4 percent; Honda of America Mfg. Inc., 5.1 percent; Toyota
Motor Mfg. Inc., 3.7 percent; New United Motor Mfg. Inc., 2.8 percent; Nissan
Motor Mfg. Corp., 2.6 percent; AutoAlliance International Inc., 1.6 percent;
Subaru-Isuzu Automotive Inc., 1.8 percent; Mitsubishi Motor Mfg. of America
Inc., 1.4 percent; Mercedes-Benz U.S. International Inc., 0.6 percent; BMW of
North America Inc., 0.3 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    127,290     126,545    124,150    4,278,805   4,641,225     -7.8
    Trucks  140,298     140,932    135,802    4,918,855   4,732,832      3.9
    TOTAL   267,588     267,477    259,952    9,197,660   9,374,057     -1.9
    Canada
    Cars     27,230      34,677     21,654    1,107,148   1,094,724      1.1
    Trucks   15,166      23,767     22,895      806,054     942,872    -14.5
    TOTAL    42,396      58,444     44,549    1,913,202   2,037,596     -6.1
    Mexico
    Cars     18,395      19,267     15,496      707,170     624,670     13.2
    Trucks   10,582      10,488      8,749      343,155     376,182     -8.8
    TOTAL    28,977      29,755     24,245    1,050,325   1,000,852      4.9
    U.S.\Canada\Mexico
    Cars    172,915     180,489    161,300    6,093,123   6,360,619     -4.2
    Trucks  166,046     175,187    167,446    6,068,064   6,051,886      0.3
    GRAND   338,961     355,676    328,746   12,161,187  12,412,505     -2.0
   TOTAL

    Note: All figures include medium- and heavy-duty truck production.
    ON THE WEB: http://www.wardsauto.com