|
2007 Year In Review - North American Production - Cars & Light
Trucks:
Our original forecast for 2007 (as of January, 2007) projected North
American
vehicle production would total 15,268,250. The actual total was
15,095,408;
1.13% lower than our initial forecast.
|
2007 Original Forecast vs. Year-End Totals |
|
Group |
Forecast |
Actual |
Variance |
Variance % |
|
Detroit 3 |
9,643,250 |
9,527,889 |
(115,361) |
-1.20% |
|
NDMs |
5,625,000 |
5,559,001 |
(65,999) |
-1.17% |
|
Total |
15,268,250 |
15,086,890 |
(181,360) |
-1.19% |
A comparison of our original forecast to actual
calendar year totals:
|
|
January |
Actual |
|
|
|
Year |
Forecast |
Total |
Variance |
Variance % |
|
2003 |
15,767,550 |
15,910,153 |
142,603 |
0.90% |
|
2004 |
15,731,200 |
15,787,972 |
56,772 |
0.36% |
|
2005 |
15,792,750 |
15,791,271 |
-1,479 |
-0.01% |
|
2006 |
15,782,725 |
15,272,480 |
-510,245 |
-3.23% |
|
2007 |
15,268,250 |
15,095,408 |
-172,842 |
-1.13% |
|
2008 |
14,560,000 |
|
|
|
NDM = New Domestic Manufacturers
Light Vehicles - excludes Medium Commercial & Heavy Trucks
Our aggregate variance to forecast for
1994 - 2007 is only 1.17%. ____________________________________________________ |
