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Ward's Reports Estimated Production

12 February 1999

Ward's Reports Estimated Production
    SOUTHFIELD, Mich., Feb. 12 -- Vehicle production this week in
the U.S., Canada and Mexico is expected to hit an estimated 347,215 units,
down from the 352,894 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 2,036,844 vehicles, up 8.2 percent from like-1998's pace.
    In the U.S., automakers are expected to produce 251,906 vehicles this
week, down 3.3 percent from the 260,512 cars and trucks built last week.  To
date, calendar 1999 U.S. vehicle output totals an estimated 1,476,508 units,
up 3.3 percent from the 1,429,890 vehicles built in like-1998.
    This week's Canadian vehicle production is estimated at 59,982, a 6.2
percent decrease from the 63,952 units assembled last week.  Estimated
calendar-1999 Canadian vehicle production now stands at 369,421 units, up 17.3
percent from the 314,974 vehicles produced in like-1998.
    Of the cars and trucks slated for production this week in the U.S.,
General Motors Corp. accounted for 36.1 percent; Ford Motor Co., 26.8 percent;
Chrysler of DaimlerChrysler, 14.4 percent; Honda of America Mfg. Inc., 5.6
percent; Toyota Motor Mfg. Inc., 3.8 percent; New United Motor Mfg. Inc., 3.0
percent; Nissan Motor Mfg. Corp., 2.5 percent; AutoAlliance International
Inc., 1.5; Subaru-Isuzu Automotive Inc., 1.6 percent; Mitsubishi Motor Mfg. of
America Inc., 1.1 percent; Mercedes-Benz U.S. of DaimlerChrysler, 0.6 percent;
BMW of North America Inc., 0.4 percent; and other manufacturers, 2.6 percent.

                                NORTH AMERICA FACTORY PRODUCTION
            This Week   Last Week   Same Week  To Date   To Date  Pct. Change
            Estimated    Revised    Last Year    1999     1998   1999 vs. 1998
    U.S.
    Cars      106,767    103,938     116,944   637,920   669,287       -4.7
    Trucks    145,139    156,574     139,832   838,588   760,603       10.3
    TOTAL     251,906    260,512     256,776 1,476,508 1,429,890        3.3
    Canada
    Cars       32,521     35,605      30,580   202,769   172,861       17.3
    Trucks     27,461     28,347      26,257   166,652   142,113       17.3
    TOTAL      59,982     63,952      56,837   369,421   314,974       17.3
    Mexico
    Cars       22,484     19,482      17,363   125,581    92,870       35.2
    Trucks     12,843      8,948       7,517    65,334    43,915       48.8
    TOTAL      35,327     28,430      24,880   190,915   136,785       39.6
    U.S.\Canada\Mexico
    Cars      161,772    159,025     164,887   966,270   935,018        3.3
    Trucks    185,443    193,869     173,606 1,070,574   946,631       13.1
    GRAND     347,215    352,894     338,493 2,036,844 1,881,649        8.2
    TOTAL

    Note: All figures include medium- and heavy-duty truck production.