Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (1049)	12/18/1998 1:39:00 AM
From: porcupine --''''>	Respond to of 1722

GM, Ford, DaimlerChrysler set higher Q1 '99 output DETROIT, Dec 15 (Reuters) - General Motors Corp., Ford Motor Co. and DaimlerChrysler AG are forecasting an eight percent gain in North American car and truck production for the first quarter of 1999. The automakers project 10 percent higher car production to 1,448,800 units. Truck output is scheduled to be up 7 percent to 2,049,500 for a total of 3,498,300 units. DaimlerChrysler AG, which released its first quarter output plans Tuesday, said it expects to build 844,300 cars and trucks, up 5 percent from the 1998 first period. DaimlerChrysler, the world's fifth largest automaker, said car production is scheduled for 256,800 units, up 15 percent. Trucks are expected to rise to 587,500. The figures do not include M-Class production from the Mercedes-Benz plant in Alabama, but do reflect production of 23,400 light trucks from a plant in Austria. Last week GM, the world's largest automaker, said it plans to make 1,473,000 cars and trucks, an increase of 7 percent from the 1998 first quarter. Car output is forecast to be 14 percent higher to 767,000. Trucks are expected to rise one percent to 706,000. No. 2 automaker Ford is projecting a 1 percent car output rise to 425,000 and a 19 percent increase in trucks to 756,000 for a total forecast of 1,181,000, up 12 percent.