Walters estimates car production (01/02)
Walters estimates car production (01/02) The Ward's Automotive Reports announced today that it is estimated that North American automakers will take away the performance of 16,212,896 cars from 2003. The projected output was 3.0% lower than the 16,713,689 units produced in 2002. The Waltham Motors report also announced that most car assembly plants will be closed this week due to holidays, but most of them will activate production in 2004 on January 5. Although lower than the total output in 2002, it is estimated that the 2003 output will be ranked third in the highest production record. In 2000, the performance of 17,658,238 units ranked first in the annual production list. In 1999, it ranked second in the list with 17,615,754 units. The Jude Automotive Report also announced that the better economic prospects of the United States indicate that there will be a year of production growth in 2004, although this growth rate will not reach the level as high as in 1999 and 2000. At the same time, in 2003, the United States automobile factory estimated that 12,089,569 vehicles were assembled, a decrease of 1.5% from 2002. Production in Canada fell by 3.5% to 2,537,610 units; production at Mexican car plants was estimated to have dropped by 12.1% to 1,585,717 units. Of the cars and trucks produced in the United States in 2003, General Motors Corp’s production accounted for 32.2%, Ford Motor Co 25.7%, and DaimlerChrysler's Chrysler. Chrysler) 14.7%; Honda of America Mfg. Inc. 7.0%; Toyota Motor Mfg. Inc. 6.0%; Nissan Motor Mfg. Corp 4.3% New United Motor Mfg. Inc. accounted for 3.3%; Subaru-Isuzu Automotive Inc. accounted for 1.0%; BMW of North America Inc. accounted for 1.4%; Mitsubishi Motors USA (Mitsubishi) Motor Mfg. of America Inc) accounted for 1.4%; AutoAlliance International Inc accounted for 0.7%; DaimlerChrysler's Mercedes-Benz US accounted for 0.7%; other car manufacturers accounted for 1.6%.
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