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Ward's Reports Estimated Production

25 June 1999

Ward's Reports Estimated Production
    SOUTHFIELD, Mich., June 25 -- Vehicle production this week in
the U.S., Canada and Mexico is expected to hit an estimated 356,187 units,
down from the 370,413 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 8,988,008 vehicles, up 10.6 percent from like-1998's pace.
    In the U.S., automakers are expected to produce 261,744 vehicles this
week, down 4.7 percent from the 274,742 cars and trucks built last week.  To
date, calendar 1999 U.S. vehicle output totals an estimated 6,643,763, up 8.5
percent from the 6,124,492 vehicles built in like-1998.
    This week's Canadian vehicle production is estimated at 62,609, a 7.0
percent decrease from the 67,300 units assembled last week.  Estimated
calendar-1999 Canadian vehicle production now stands at 1,573,220 units, up
17.4 percent from the 1,340,166 vehicles produced in like-1998.
    Of the cars and trucks slated for production this week in the U.S.,
General Motors Corp. accounted for 33.8 percent; Ford Motor Co., 26.8 percent;
Chrysler of DaimlerChrysler, 15.9 percent; Honda of America Mfg. Inc., 5.4
percent; Toyota Motor Mfg. Inc., 4.2 percent; New United Motor Mfg. Inc., 2.9
percent; Nissan Motor Mfg. Corp., 2.8 percent; Subaru-Isuzu Automotive Inc.,
1.4 percent; AutoAlliance International Inc., 1.5 percent; Mitsubishi Motor
Mfg. of America Inc., 1.3 percent; Mercedes-Benz U.S. of DaimlerChrysler, 0.7
percent; BMW of North America Inc., 0.5 percent; and other manufacturers, 2.8
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   115,755   122,053      80,363    2,870,539  2,790,974     2.9
     Trucks 145,989   152,689      92,549    3,773,224  3,333,518    13.2
     TOTAL  261,744   274,742     172,912    6,643,763  6,124,492     8.5
    Canada
     Cars    34,001    34,838      18,176      839,177    732,499    14.6
     Trucks  28,608    32,462      23,051      734,043    607,667    20.8
     TOTAL   62,609    67,300      41,227    1,573,220  1,340,166    17.4
    Mexico
     Cars    20,250    17,146      20,652      517,203    442,951    16.8
     Trucks  11,584    11,225       7,221      253,822    220,786    15.0
     TOTAL   31,834    28,371      27,873      771,025    663,737    16.2
    U.S.\Canada\Mexico
     Cars   170,006   174,037     119,191    4,226,919  3,966,424     6.6
     Trucks 186,181   196,376     122,821    4,761,089  4,161,971    14.4
     GRAND  356,187   370,413     242,012    8,988,008  8,128,395    10.6
     TOTAL

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