2.8.2001
GM Announces July and 3rd-Quarter 2001 Production
Estimate
In July, GM produced 281,000 vehicles in North America, up from 259,000
vehicles produced in July 2000. Production totals include joint venture
production of 5,500 vehicles in July 2001 and 8,000 vehicles in July 2000.
GM announced that the third quarter production estimate will be revised
down to 1.230 million vehicles from 1.235 million vehicles. Third quarter
production represents a 6.7 percent decline from the 1.319 million vehicles
GM produced in the third quarter of 2000.
The forecast change was caused by an overbuild of vehicles in the second
quarter and the slowing of the market in July.
GM also announced the following production estimates for its international
regions:
GM Europe - The third quarter estimate is 387,000, up from the previous
estimate of 385,000 vehicles.
GM Asia Pacific - The third quarter estimate is 81,000 vehicles, up from
the previous estimate of 77,000.
GM Latin America, Africa and the Middle East - The third quarter estimate
is 157,000 vehicles, down from the previous estimate of 166,000.