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Ward's Reports Estimated Production

6 November 1998

Ward's Reports Estimated Production
    SOUTHFIELD, Mich., Nov. 6 -- Vehicle production this week in
the U.S., Canada and Mexico is expected to hit an estimated 354,177 units,
down from the 373,937 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 13,629,390 vehicles, down 1.2 percent from like-1997's pace.
    In the U.S., automakers are expected to produce 265,832 vehicles this
week, down 5.4 percent from the 280,964 cars and trucks built last week.  To
date, calendar 1998 U.S. vehicle output totals an estimated 10,309,388 units,
down 1.6 percent from the 10,473,905 vehicles built in like-1997.
    This week's Canadian vehicle production is estimated at 60,461, a 3.5
percent decrease from the 62,685 units assembled a week ago.  Estimated
calendar-1998 Canadian vehicle production now stands at 2,156,394 units, off
3.2 percent from the 2,227,857 vehicles produced in like-1997.
    Of the cars and trucks slated for production this week in the U.S.,
General Motors Corp. accounted for 34.7 percent; Ford Motor Co., 26.9 percent;
Chrysler Corp., 16.4 percent; Honda of America Mfg. Inc., 5.1 percent; Toyota
Motor Mfg. Inc., 3.8 percent; New United Motor Mfg. Inc., 2.8 percent; Nissan
Motor Mfg. Corp., 2.6 percent; AutoAlliance International Inc., 1.9 percent;
Subaru-Isuzu Automotive Inc., 1.7 percent; Mitsubishi Motor Mfg. of America
Inc., 1.3 percent; Mercedes-Benz U.S. International Inc., 0.6 percent; BMW of
North America Inc., 0.4 percent; and other manufacturers, 1.8 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        125,320   132,386   134,283   4,797,182   5,157,366   -7.0
    Trucks      140,512   148,578   148,063   5,512,206   5,316,539    3.7
    TOTAL       265,832   280,964   282,346  10,309,388  10,473,905   -1.6
    Canada
    Cars         36,398    36,094    25,784   1,246,772   1,192,851    4.5
    Trucks       24,063    26,591    23,764     909,622   1,035,006  -12.1
    TOTAL        60,461    62,685    49,548   2,156,394   2,227,857   -3.2
    Mexico
    Cars         17,556    19,668    16,034     781,013     684,573   14.1
    Trucks       10,328    10,620     8,951     382,595     413,280   -7.4
    TOTAL        27,884    30,288    24,985   1,163,608   1,097,853    6.0
    U.S.\Canada\Mexico
    Cars        179,274   188,148   176,101   6,824,967   7,034,790   -3.0
    Trucks      174,903   185,789   180,778   6,804,423   6,764,825    0.6
    GRAND       354,177   373,937   356,879  13,629,390  13,799,615   -1.2
    TOTAL