I I .

THE. U.S. AUTOMOBILE INDUSTRY: MONTHLY REPORT ON SELECTED ECONOMIC INDICATORS

,'

Report to the SubcommlttH on Trade, .·· · . Committee on Ways and Means, on lnveatlgatlon No. 332-207 ~ Section 332 -of the Tdf Act of 1930

•

USITC PUBLICATION 1928

DECEMBER 1986 . \, . .

United States International Trade Commission I Washington, DC 20436

UNITED STATES INTERNATIONAL TRADE COMMISSION

COMMISSIONERS.

Susan Liebeler, Chairman Anne E~ Brunsdale, Vice Chairman

Paula Stern Alfred E. Eckes

Seeley G. Lodwick David B. Rohr

'Ibis report was prepared principally by

Jim Mc:Elroy and Gary Cdlen

Transportation Branch . . Machinery and · F.quipnent Div~sion

Off ice of Industries ·. Erland. Heginbotham, Director

Address all communications to Kenneth R. Mason, Secretary . to . the Commission

United States lntemational . Trade Commission Washington, DC 20436

C 0 1\1 T E N T S

Tables

1. New passenger automobiles : U.S. retail sales of domestic production, production, inventory, days' supply, and employment, by specified periods , December 19 8 4-·No v ember 19 8 6- -..................... _, _____ ... _ ................. ---· .. --··-··-................. -:-··---.. 1

2. New passenger automobiles: U.S. imports for consumption, by principal sources and by specified periods, November 1984-0c to be r 198 6--.. ··--···········-.. ···-·- ··---·--............... --·-··· .. ···-···-·········-·--·-····· ..................... -.. ·-··-··---······ ............. -.. -............. -- 2

3. Lightweight automobile trucks and bodies and cab/chassis for light-­weight automobile trucks : U.S. imports for consumption, by principal sources and by specified periods, November 1984-0c to be r 1 9 8 6 ·- ......... ·-···----··--·-· ......... -.................... -.• - ................... ---·----............... -......... ___ ........ _ ....•. --····-.. ·-·· .. -------·-· .. ··- 3

4. New passenger automobiles: U.S . exports of domestic merchandise, by principal markets and by specified periods, November 1984-0c to be r 1 9 8 5_ .. _ ..... --·----.. ···-··---··--·--···-· .. ··-····---·---·-····-- ··-··· .. -... -·-··-··-··· ............... - •.... --·-···-·······--·-···- 4

5. Lightweight automobile trucks and bodies and cab/chassis for light­weight automobile trucks: U.S. exports of domestic merchandise, by principal markets and by specified periods, November 1984-0c to be r 198 6--........................... - ···-··--··-·· .. ··-·-·· .. ····-···-···-···-.... - .................... -.. --.·--·-· ............. -.. ---··--·-·-........ --........ -... -................. 5

6 . New passenger automobiles: Sales of domestic and imported passenger automobiles and sales of imported passenger automobiles as a percent of total U.S. sales, by specified periods, 1985 and 1986·-·--............... - ... - .. - 6

7. New passenger automobiles: Price indexes, by specified periods , 19 8 5 and 19 8 6 ·----······ .... ·-···--·-··-·---.... -·- ···--·-··-.. --.--.... ·--··-.. --.. ·····-·········-· .. ····--············ .. ···--··-·----.. --.......... - 6

8. New passenger automobiles: Retail price changes in the U.S. market du r i ng November 1 9 8 6 ·······---................................... --····-··-····· .. ········ .. ····--.......... -..... - .... -......... -....... _,_ ............. --··---................. _ 7

9. Sales and profits (loss) on major U.S. automobile manufacturers' operations, by specified periods, 1985 and 1986··-----·- ·······-------··- 7

10. Manufacturers' suggested retail prices of selected U.S. and Japanese automobiles, Apri 1 1981- December 1986······-········---·----.. ····-·------·-····· .. ···--···-··---·- 8

· ..

I·

..

'. ;, '·

. " ·.1

"· 1

Table 1. ··-- New passenger automobiles: U.S. retai 1 sales of domestic l· production, .' pr-.ddu~it'on ,·~ inve'r.it-01rty, , 'daiys 1 .-suppl•y, .1and ... employment .. , h:Y

speci ff~'d· perfods ~·:· D~{defube.r; 1•t9'a4Ll\iovsmber 19·s ·6 < " ,· \'." ;_, ,.0 ... .; ··v ·, . . .. ~ . ~ - ·- ~ ··-· .... . -. · ~" ('In thousands. o.f t,.!nits;

' 1 .•· · I 1989'..J.86 '.'u/ 1

· ""' .,,,~, O~t1 t . ·.-'Nov.

J_tem ... -----··------·--:--19~--.. -- ! 9 8§... __ i ~· t ' • .,~ " .. :. ·''~~- .-:;:

Retail sales of domes­, ·tk produ'e"tiorl: Subcompact. ~ . : .".: .... . Compact ... : : ........ .

' · Intermediate'. . ' . .. ... .

~ . . . . \ . '1105 ';.I

· r41 · , •1:29 .

90 i l.21 . 173

,.. . thoµs~nds of ..:empl.otee.;;..s.._) ______ _

"'

Dec .· '.1985-Nov. 1986

1,792 l,' 680 r. 2 / 760 ·' ~

' •l .9·84-85 ·"Nov. Dec. 1984-

1985 Nov. 1985 ----·

(

(' {' 147 2,222 · 95 · -~l. 5L7· ..

161 Z,602 ' . . ~ .. ., . 1\ ' • Standard. ! · ~ : ..•...•..

liuxury ... ; : :'. . .! .. •• .•. I; 93 ·. .. 6'5 .

81 54

1'• •. r,osa 755

51 952 : ,i' ~ .. 66 -. • .l.1008 . rf .

Total .. .' .' .l ........ . Production:

Subcompact : . " .-...... . Compact .. :1 .......... .

/· · 'Intermed ta·t'~ ...... .... .. rs.tandard .... .. ! : :' . ... ' Luxury .............. .

. Tot~l .. . ,, ...... . '.~ . 1 .... "·

~ 166 .. i'.!68 ,_. ;_ 1

:2t2 .. "i0.2 ·'. .... ··

75

519 ; . s·

137 ' 144 ' 197 . . 56 55

' 589

8 045 .. i .=..!-·---·· 521 _JL302 -" 1 n l J ,

' l, 589 136 1 ; 53.8 1,982 I ' '

' r 171 l,9,9,6 ·'• 2,658 ..

222 3 '09:()- , . '. .,

'"()6_4 ; \ ....... .... 45 1·56

740 67 878 ] 1633 642 81254

. Inv~ntory: . · · )Subcompact :: : ,, 1 ;· ••• : ••• 1122'1 . . 'i' :.269 . !/ 245 !I .. -.;· ; ' •1' ·c-1. · t · · · · · · · o;m~ac .. ; . ·: . . . . · ..... .

' · . Inte'rmed iate .. :, :' . ... . ···i · Standard . .. ) ... : ~ / .... . 1 ' . ''Luxury ... ·; :•:' ........ .

:•\, Total ... J; . :: ..... . Days' supply : · '?:_/

•·· Subcompact ! : . : ...... . ":· . . !··., -. Compact ............. .

Intermediate ........ . S'tandar.d ~ ; . : . ;· . .. . . .. .

' L.clxur'y ... ;:; ~ ..... . Y. ; , .. .. . Average .......... . EmpldytifE!nt:' y ·

Total employees ..... . Production workers .. .

.. · ~ -1 ! • i \ . ; •' . • ~ 'T ' •••

ll Not applicable.

I 264 • , 313 -~ I' 1!1 , 309 , .!/. ' ' ' ~'401 • '• 477 ?.1 .. · 11 E ' 543 .. ,. ... 11 ··~ .. ·· 186 ., 189 .... JI 163 fl ..... ·

' 147" · 164 f 11 173 ll o; .;;;..1'"', 2;;;;..l;;;..;9;.,,.'_. _ _:l:;..,1'""4;..;;l;..:3_._ 1 __ ..:;;1.:..1 ____ . .;...,,~ _,_ . ...;..!. _' ....;l;;,.,lr....4.;..;;;...31 __ . Li. ~,.· 1/ : . :'

.. f ~ ~ . -~

~29 ; .. ' . ·39 ' I 32 I ;;)

, . 4\Z • : .

55 74 ~ ... 55 ,,

~8 .:"· jg :, ' ' .. :. 59 i

35 60 --~-· ,t • r n;; .. , • ·:~.

•4/' · 842' '~ · :5re39 °§_/ 644 .§1 639

f. '.· •• ·: ' i , . ) ------

!I 1/

~~ !/ ~ .!/

.• :• "11 1/

'1 l' '.:3°' "'

; (

:11 . f /

.·

' ·:. ('

.. . . ·, ..

56 . 65 67 .

... 77 I'. 60 .

65

... ,.,. '6/. 874 &1 680

,- ~ .. ' ..

lf . , '', "· (. ' 1/ :•' I

' . !/ .. ·:i. ;'>! . . . \ ~-Y ~ r;~t~

' ' 11 /; '. 11

... ~1i J-1· .• ,ff - \.:,,~

d, .~It t. .r~ l/. :.~.i -· · .I

f / --· -· ----·~"-:_ .. _:_: ..._ ___ .. ..........,. _· ~-- ·•;n;·~

2-_I Days' supply · 'is an average' for .each . C~9\1Ss -.· siz@ whi~h , is, . determ~rae~ . by th~ .. .:!." previous month's retail sales. ~/ Employment data are for SIC 371 (motor vehicles and motor vehicle equipment). 11 Data are for September 1986, revised. ~/.Data are for October 1986. §I Data are for October 1985.

Source: Retail sales and production, Data Resources, Inc. Auto Information Bank; days' supply and inventory, Automotive News; and employment, U.S. Department of Labor.

Note .-- Because of rounding, figures may not add to the totals shown.

2

.. ,, Tal:>le 2.-'-New pa-ssenger automobiles : · u.s . . i.mpor.ts for col')sumpt_ion, : by principal

sources and b.y specified· periods, Novembe·.r 1.-984-0ctob~r ,198.6 !l, . , ___ ....____, __ .. _ ....

. 1985-8.6 . ' J.>984-85 =---------------..--~·--....,-....-~ .. Se.pt. Oct. Nov. 190·5- Qct. ·

Source , " 1986 1986 O~t. 19&6 ·. 1985 .

Quantity {units) , . . I

Japan ; .. , ........ 16~.242 211,405 2. 6.72, 697 17Q,~,OO Canada., , . .. . . ; .... 97,547 104,403 1, 152 ,, 38!;'> 108, 978 . ' West Germany ..... 27,408 33,969 4~4. 460 26,7U Sweden ;.- ........ " 6.,674 11,511 lSi, 1.59 9,017 Italy ..... ; ...... ! 391 .. 1,234 12, 153 .· .466 United Kingdom . .. 1,888 2,247 27,9.72 1,.976. France ..... . . • .. . 1,101 548 · 13 ; ho 616 Mexico ..... . ...... 1,739 4,332 · 34;666 . .459 · Yugoslavia . .. •.... 3,653 3,324 34 ; 4V 1,064 Korea . . : .. ... . ... 15,142 18,922 13 3 ·, 8'1.~ 0 All other ; . ...... 728 11216 l2~937 526

To·tal . ... .• . ; 3221513 393, .111 4169.91809 328,733 ; I

. Value (1 1 000 dollars} "· . ; -

Japan .. . .-........ . · 1, 410·, 776 1,813,328 20,482,018 . l, 176, .598 CanOlda : ... . .. . .. • · 1,015,211 1,125,262 11, 583 ,·920 1,092,90,6 West Germany ..... 503,778 647 I 711 7 I 778, 22.8 34·4,PQ.3 Sweden . ...... . . . . 87,142 149 :. 305 . 1, 827 , ·137 102,519 . Italy . . ._ , .. . • ..... 5,962 15,668 170,539 7,597 United Kingdom . . .- 51,556 61,315 720, 157 .49,_816 France .... ... . ... 13 I 235 6,383 146, 352 6,6is Mexico ....... . ... 21,235 43,337 ' 341,901 3,211 . Yugosl~via ...... ; 9,202 8,442 05 ,.614 . 2,660 Korea :-' .......... . 69 ., 616 92,402 612,209 '!I All other ....... ;.· 91608 161550 1711033 61 712 .

Total . . .. . ; . • 3,197,321 ·3, 979, 703 . . 43 I 918 I 108 2, 792,650.

t '

· Nov : 1984- · ' Oct. 1985

. ' 2.320,878 1,115,365 . 4,9,229 .

128,, 413 . 7,914 23, 66.6 44~756 12,'4l7

1,576 0

101'579 .. 411141793 . ; ;

' t.4,'768,838 . ~0.753 ,606 ' . ~,736, 136

1,470,544 116~ 465 573, 706 ' 247; .064 80,387

3,940

.. 1 •. 1081777 • '33 ,· 859 I 463

!/Data include imports into P1.1erto Rico and TSUSA item 692.1005; "'at~ ." do .nQt .. include automobiles assembled in U.S. foreign trade zones.

Source: -. Compiled from official Stjjltistic!$ of the U.S. Oepa~tm~nt of: commerce.

Note. -: Because 'of rounding, · figures · may not add to the totah shown ..

•: ! . .. ..,. ,

! .. _ • • ··'• " .

"" l

3

.;$1,\

' ;:rable 3 ,.;......·Lightweight autdmobHe trucks '•!/ and : bodi·~S and cab/chas~i·s for . lightweight aut01hobile ·tr.ucks· '· u,s. i mp~>l'!~S f;or . consumption, by principal sources .. and by specified periods, November 1984-0ctober 1986 2/

. - . . . .. - -

Source

;,. .. ...

l-985-86 ·Sept. 1986

, 10ct. :J. ~. 1986

.. . ; j ... ... ..:: '"-~· t . ... . !~ ~ -2 Japar,l .. ... .... . : . ; can~da , ........ ; . Mexico .... .. '.: . . ~ .. · Ali'.other : .. ; . . ~ . ·

Total .. .. ... .

: I','

53,143 18,431

, l,OSO . - 3 72,627 \

• ~ !· " .. ' '· ~~(: .. · -· __ :" .. _: --. ~I.' \ ' "\ • \

Japa~-:·· . '. . ... ... . :: ·i 1. 277,048 Cana~a· .- .; , .:: : . :: ; ~ :· 16§·, 248 Mexico..... . ..... 7,836

·· Ali oth~r ::·:·· .. <·:·_:; .. ; ~,. 6·; 329 .. Total ........ 457,461

' '. fl ,. .·.: ~7,920

:\_; ' 15) 695 '' 1,680

6

., L·

\ ( 3644676 ':" '.~f~~: 3·1~

12,727 ~ 4/ 6i2 519,733

Nov. 1985-0ct . 1986. ·

') ·•

1984-85 .q~t.

' 1995-·

Qua~tity (OM1ts) ~/ .. ('.

970,491 51,393 . ~0~,453 ' ' 28,631 ·;p·~ 20,-593 " r· 2, 715 .

1 209 ' 16 . .r...;;;;..~-----· 1,297,746 82,755

Value {1,000 dolla~s)

4,, 728 i 342 2;J 60'i ?71

150,994 ,_ . ·~. ·• _,· aoi 356J ,

7,660,263

' - 225, 543 I•",.

·- .. ·- ~3,671 ' ..

18,069 .. __ a·, 1.acr

290,463 · ·.:;'. \t . ... • • ' ~ '\ . , . • J ( ', ' ~.... • • •

!/ Defined as not over 10,000 pounds gvw.

Nov . 1984-0ct. ·1995_

75,f , 9Q() 321,i92 ' ' . ' ' 25, 495

2; 022 _____ _ 1,104,595

3, 210;'491, . 2, 6Jf7, 967 '

1e4,932 27. ;.023 .

6,110,413

~/ Partially estimated, all data include imports into Puerto Rico. !/Quantity data include complete trucks and cab/chassis, but exclude bodies.

Source: CompHed from official statistics of the U.S. Department of Commerce, except as noted.

Note .--Because of rounding, figures may not add to the totals shown.

4

Table 4. -New-1pa'ssenger aut;omobi les: u. s: ·exports of 1d;omes·t~ ·c-~·mer~hand ;ise, ~ ~Y ·' ~·rinCipal \markets ·'and by specif iect·1periods, November 1984.,...Qctober ' 198.6

". ' 1985-86 1984-85 Sept. Oct. Nov. .1985- . Oct,. Nov. 1984-

Market · ,, .. 198'6 ::..;;..~~~~~--';.;;...:;;.,.;;- ~~~1~9~8~6~~~-0~c~t~·--1~9~86..._~~-.1~9~8~5~--~---0~ct ....... 198~-~

Canada .. .. .. "" ... -. Jap n ........... . AU; .<;'t'.~~~r ....... .' · .

Tota'~ . : ..... ". ,.

58,871 ' 45

790 59,706

;:·

556, 199-" . 666

. ' 9',472 566,337 .

45,834 281

4~ '469 50l584

·• 1.'

431 .; 330 . 4,136

61~ "()'3'9 I 49i, 105

Quantity (units)

644,791 ·2.;·275

:. 20 625

60, 305 l. ;104

• 98'1 ' 6i,390

Value: o .. ooo doi lars ). ·

.. 5, 846, 753 36,059

384/ 207 6,261,.019

,.

526,853 1,726

lC980

672, 213 . 1,37.Q"'

23 ;12&7 .. , 1

• 696 I 878-• ... l - ~~ ,: I I'

5,675,316 17,933

274,002 5,967-,251 .

Source·:·· CompileCI' fr'b111 . official st~tistics of .the U ._s . . De.pa~tment of .C9mm~_l'lc.e-. . ':, O l . ": t . . ..... ~ ~ ' . ' ,l. •

4 A

Note •. -Because .of r.ounding., figures may not add t .o the total~. sh~n .. , .. ' ..

, ir

' -~ , < . ' . .. ~, • ! .... . '~

•. •. i 1:- J ~ · ~ , \.;. ). ~

'. __ ;·I >': ,.

5

(.~

tab e S. · .. -Lightweight automobile· truc~s 1/ and bodies and cab/chassis for light-i.ieight automobile trucks: 0. $'. exporti of domestic merchandise, by principal markets and by specified periods, November 1984-0ctober 1986 ' ~/

1985-86.___________ 1984-85 Sept . Oct . Nov. 1985- Oct. Nov. 1984- ·

Market 19 8 6 . 19 86 Oct. ~ .. ,, . .;:9;....:8:..;;6 _ _ ...;;;l-=-9-=-85=--...;..._--~0..::;..ct. 1 ~-~?-... -

Canada .... . .. . .. . All other .... . .. ·. ·

Total ..... . . .

19,994 409

20,403.

13, 3.84 2,065

15,449

Quantity (units) 3/

181,625

9,619 355

9,974

v'alue ( 1I000 dollars)

141,956 12,655

154,611. __

canada ......... : .. . 187,300 126,329 1,536,.9·75 85,134 1,061,541 'Ail othir .. . .. · ... · · ~3~·~2~9~4~· --~~3~1~,1~5~7~--~1~0~9~,0-=-0~3~---~3~,...;;;6~8~2~· ---~1~4~5~,~6~84~~

_, ::· Totat: ' . . .... ·. 190,594 1s1,s0·6 1,64-5,978 00,016 · 1,201,225 1· • -:· r

1/. Defined as no.t over 10,000· pounds gvw .. 21 Partfaily estimated. • · ~/. Quantity dat;a i,nclude c.ompJ.ete truck~ and 'cab/chassis, but exclude bodies.

' {. . l ''

. Source: . Compiled fro"' official statisti~s of the. U.S. D~partment of Commerce, ·1e-xcept as 11oted . .,,

. •,

·' Note . --Be~~use· of rounding, . figures may not add to the totals shown . . . ,.;

·'') ;._ ! '

' "r ··, . 1~ ·- ''

. 1.,

6

Table · 6. - New passenqer automobiles : Sales of domesti CT ar\d importeq p.as.ser;ger_ automopi ~ e ,i ...

and sales · of imported pas.senger automo'bi les as a per.cent. o.f total U. S . . sale ;i; ~Y, spec t ft~d periods, 1985 and 1986 ·

Period

Sales of-Domestic automobiles 1/ · 1986 1985

January . n ' . 635,904 .. 628,037 Febr,uar.y. .. . 613,371 . 645,317 Jan-·f eb. ·, . . 1, 249, 275 . 1 , 273, 354 Mar ch .. : ... 649,351 · 768,927 Jan-Mar .... 1,898,626 2,042,281 April.. . .. . 719,563 :708,282 Jan-Apr .... 2,618,189 2,830,563 May .. " . , . : . · 786, 268 .' 807, 590 Jan-May . . ._ 3, 404, 457 · '3 ., 638, 153 June,; : . ... : ~ .. - 736,261 .-. 6~6,675 Jan-June ... 4,140,718 4,314,828 July .. : .... 648,667 633,527 · Jan-July ... 4,789,385 4,948,355 August .. '." . ... 673, ,3~1 .. l,Q00,695 Jan- Aug .... 5,462,696 5,949,050 September . . 924,82~ 839,382 Jan-.~ept ." . ·6', '387,525 ·, 6,788 ~ 432 October.. .. 632,546 598,399 Jan-Oct ... . 7,020 , 071 7,386,831 November. .. 518,799 515 , 802 Jan- Nov .... 7,538,870 7,902,633

Imported a~tomobiles 21 1986 1985

237,281 208;184 · · 219,096 193,290 456, ~ 77 401,474 247,487 201,341

' 703,864 602,815 ' 252, 609 . 198, 241 956,473 801,056

' 286, 194 . 262, 34'4 . 1, 242 f'667 1, 063 I 400.

264 I 954 , 248 I 659 1,507,621 1,312,059

305,188 266,803 1,812,809 l,57i,862

278,951 .2~5 ( !93 l 2,091,760 1,834,793

291,952 236,669 . '

2,383,712 ~.071,4'62 .

272,552 266,278 2,656,264 2~377,740

263,822 247,580 . 2,920,086 2,585,320

. -Rat i o of im-

Total U. S . port sales to ·sales total sales ;.; 1986 1985 1986 1985

---Percent .. --

873,185 836,221 27.2 • ?.4 9 832,46 Ji. 838,607 26 . 3 .. ·· i 3' ~ 0

1, 705, 652 .:: 1, 674, 0.20 · 26 .. 8), 1 24~'t> · 896,8'38 .. ·'' 970 / 268 - 27 .·6 .. r- 20. ·9

2,602,490 2,645,096 27 . 0 22 . 8 972,172 986,523 26 . 0 20 . 1

3,574,662 3,.631,619 26 . 8 22 . 1 1 ; 072, 462" i 1 ~-Q69I93 4 26 . 7, •v.'I.<-. A :::~

4, 647I12.4: ~I 701, 553 ' ' 26 .i,.;~ ... •'Y- .~L6 1 ! 001,21.~ / _925,3'34 ' 26 .. \ '., 26 . 9 5,648,H9 5 ; 623,887 i6 :·r ··'. l3.3 · 953 ;;855 · 900,330 ·--· 3Z .O ---· .. ·29·: 6

·'- 6 "602 r94 · 6 "5i4 ·:2 f 7 '•~ 2t~s i·~·r.,."~ 2V2 I I ' , , _ ' " IJ I ,

952 I 262 i!: 25'6'>,·6' . '• -i!H~ 3 ' -,_._; 'i 20 : 4 7 : 554 I 45•6 ; . 7,: 7ifo I lt4 ~ ~7:'.f' .:f·~; }:. 23;! 6 1,216,781 1,076,051 24.0 22 .0 8,77i ; z37_'" 8;8S6,8'914'. 11.;m2 7. .2 ·~t.J.,·:,23";~4

905,098 864,6i7,_,.;:-," 60 : 1 · ~"PJ~H8 9,676,335 9 , 724,571 27.4 24.0

782,621 I ' .7 63 ;3,BZ.~,~- ~ l :l> } 3/. 4 10,458,9?6. 10,484, _~§1 27 . 9 24 . 7

!/ Domestic automobile sales include U.S . and Canadian-built automobiles sold in the United States . ~/ Does not include automobiles imported from Canada .

Source : Automotive News .

Table 7 .--New passenger automobiles : Price indexes, by sped fied periods, 1985 and 1986

(1967 = 100} 1986 1985 and 1986 Sept . Oct. Percent Oct . Oct . Percent

Item 1986 1986 change 1985 1986 ·change

Consumer Price Index:

Unadjusted .. . . 224.5 227 . 1 +1.2 216 . 2 227 . 1 +5 .0 Seasonally

adjusted . . . . 226 .3 228 .0 +0 . 8 217.5 228 .0 +4.8 Producer Price

Index: Unadjusted .... 223 .1 249 . 8 +12.0 234.8 249.8 +6.4 Seasonally

adjusted . ... 235 .1 246 . 1 +4.7. 231.1 246 . 1 +6.5

Source: U.S . Department OT'l.abor .

IJ

• ,, ,.

.t~

' 7

Table 8.~New passenger automobiles: Retail price changes in the U.S. market during November 1996 !/

Source and size of category Retail price changes in dollars, November 1996 (T or -)

U.S. producers: General Motors ............................ . Ford .................................... . . . Chrysler ........... · ..... .. ................. .

European Community producers: Subcompact ........... . • ..... " .............. . CompaC't ................................... . Luxury .................................... "

Japanese · producers: Subcompact ............................... : . · Compact ....................... ; ........... . Luxury ............. ; .................. " .... .

Korean producers: Sub~ompact ........ , ........... ·.- ........... .

Source: Automotive News, November 1986. '

No change. No change. No change.

No change. No change. +l, 095 to 2, 945

No change. +411 to 581 +400 to 820

No' change.

Table 9 . .. --Sales and .profits (loss) on major U.S. automobile manufacturers' operations:, . by specif;ied. periods, 1985 and 1986 !/

Item and firm

Sale:s:

(In millions of dollars)

1986 ---------­Apri 1-June

July­September

General Motors.. .. .... 27,6QO 22,841 Ford.. ................. 17, 300 14, 366 Chrysler .. ·' ·.......... 5,700 5,169 Am~rican Motors,, . . . .. . . 800 805

--------------------------~· Total ............... 51,400 43,181 Prof'i ts:

General Motors .. ; . · ... . Ford ..... ; ............. . Chrysler "~ .. ; ...... .. . . American Motors ...... .

Total .......... ... . .

978 1,078

488 (44)

' 2,500

!/ Data ,are fo,r world op~ration.s . ..

264 693 235 (.\0)

1,1~2

1995 April- July-June September.

24,799 22,492 13,902 ll, 630 ·5,980 4,485

961 1 ,032 45,531 39,638

·1,159 517 699 313 596 316 (70) (19)

2,384 1,127

Source: Automotive News, Wall Street Journal and Wards's Automotive Reports.

.

Table 10 .----l'liilnufacturers' suggested retail prices of selected U.S. and Japanese automobiles, ~ April 1981- December 1986 1/

Company, lllOdel, and options 2/

April 1/ 1981

Base model 3/

Option­ally equipped IDOdel 3/

December

Base model 3/

1, 1986 Option­ally equipped model 3/

Percent change in optionally equipped model Nov . 1986-Dec . 1986

April. 1981-Dec . 1986

· General Motors : Chevette CS , 2 door HB (PB, RWD , TG} .. .. .. . . . Cimarron, 4 door (AT) ... . ............... .. . . .

Ford : . . Escort GL 2 door HB (PB, RWD , TG} . . ... . ... .. . Tempo GL 4 door (RWO, AT, TG} §/ ... . ..... , .. . LTD Crown Victoria ~ 4 door (RWD, TG,

I LG, AC} ........ . .. .. .. . ......... . . . . ... . . . Chrysler :

Plymouth Turismo , 2 door HB (RWO} . ... .. ..... . Reliant, 4 door (RWO, TG,. R, AT) . . ....... .. . . Dodge 600, 4 door (RWO, AC) ~/ ............. . .

foyola : Corolla, DeluKe , 4 door (R} . ... , ............ . Cressida, 4 door ... . -. ... .... . . . ... . ... . . . , .. .

Nissan (Datsun) : · Sentra E, 2 door "{/ . . ... ... . .. : .. . . . .. . .. ... . Stanza GXE. 4 door (AT} 11 ..... . . . ..... .... . . Maxima GXE, 4 door ... . .. ..... . .. .. .. . . . . .... .

lfonda: Civic 1300, 2 door HB (R) . . .... ...... . ..... . . Accord DX, 4 door (R, AT) . . ... : . .... .... . .. . .

l'lazda ; · 323 Deluxe, 2 door HB (R) !!/ . ........ .. .... ..

$5,155 - $5,405 ~I 12 , 131 ~/ 12,501·

5,551? 6,421

8,519

5,938 5,980 6,672

5,61!8 11,599

5,369 6, 839

10,37?

4,599 7,645 .

5,495

5,857 6,953

10, 102

6, 188 6,680 7,502

5,793 11, 599,

5,369 7,749

10,3!9

4,694 7,950

5,650

$4,995 15,032

6 , 949 8,310

15,410

. 7, 199 8,364

10,672

8,178 19,350

7,499 11, 849 16,099

5 , 799 10,625

7,649

$5,350 15, 447 .

7,199 9,057

15 , 555'

7,199 9,161

11, 646.

8,454 19,350

7,499 12,549 16,099

5,966 11, 283

8,029

0 .0 0 .0

0 .0 0.0

0 .0

0 .0 0 .0 o.o

0 .0 0 .0

0 . 0 0 .0 0 .0

0 .0 0.0

0 . 0

-1 .0 . +23.6

+22 .- 9 +30 . 3

+54 .0

+16.3 +37 . 1 +55 . 2

+45 .9 +66 . 8

-+39 . 7 +61.9 +55 .1

+27 . 1 +41.9

+42 . 1

!/ Suggested ·retail prices do not include any dealer incentives. below-market f i nancing or rebate·s off1!red by manufacturers or i.mporters . ~I The following codes apply : PB= power brakes ; RWO =rear window~efroster ; TG =tinted glass ; HB = hatchback; AT= automatic transmission ; AC = air conditioning; R = radio; I LG= interi or luxury group . !/Base lll<>dels are 2 door or 2 door hatchback and 4 door or 4 door hatchback mode ls . Optional ly equipped mode ls are base models which have been equipped with the options listed in parenthesis. !/ Ci11arron not sold until f!'lay 21, 1981 . 5/ Te•po replaced the Fairmont Futura. ~/Dodge 600- replaced the Diplomat .

· 71 Santra replaced the 210; Stanza replaced the 510 . (Both are 1987 models . ) !/ 323 replaced the~GLC . "

Source : Cotlpiled fr0tn data supplied by u.s: manufacturers. Japanese importers, and - Aut omotive News.

Note : Some 1981- 86 models have been discontinued ; these models have been replaced by ·conij:>arable ' moQ.els where i:)ossible . In addit i on , some .equipment that was optional on prior models i s now included i n the base price or equipment that was standard has been deleted , making p~1 ce comparisons of prior- year models diff icult . ' · · ·

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