CSM Automotive Production Barometer - January 2006

DETROIT, Jan. 13 /PRNewswire/ -- CSM Worldwide, the leading provider of market intelligence and forecasting to the automotive industry, announces the January 2006 CSM Automotive Production Barometer(TM). Released in advance of existing sources of information, this service provides an accurate record of light vehicle production for the previous month to assist automotive economists and financial analysts in their ongoing industry evaluations.

The CSM Automotive Production Barometer for January 2006 and 2006 release schedule is currently available via the CSM Worldwide website: http://www.csmauto.com/auto-production-barometer .

Sales in the United States continued their weakness in December, falling 4.0% over last year's results with sales for the year ending up 0.7% at 16.93 million units in 2005. Production slowed in the United States following recent strong year-end build-out, falling to a seasonally adjusted rate of 10.89M units in December, the lowest since October 2001. For 2005, total U.S. production fell 0.6% to 11.57M units compared to 2004 results with output on a seasonally adjusted basis falling 1.1% to 11.58M in 2005 versus 11.71M in 2004.

With the last quarter pull-ahead of light vehicle output, North American output managed to equal last year's 15.78M units. In December, North American production slipped 2.1% to 15.93M units produced on a seasonally adjusted rate over the same period in 2004. The production pull-ahead caused by the inventory-depleting employee pricing programs and the desire to book revenue will adversely affect 1Q 2006 output as the Traditional Big 3 plan downtime at numerous facilities across their North American operations. Combined, both GM and Ford will idle three plants in 1Q 2006, with Ford projected to nearly double the amount of downtime employed in 1Q 2005. Following a 4.5% production increase in 2005, DaimlerChrysler relinquishes volume as output slows on several key, high volume vehicles in 1Q 2006.

The New Domestics, Toyota, Honda and Nissan, experienced production gains in North America at the expense of the Traditional Big 3 automakers. Toyota, Honda and Nissan posted increases of 7.1%, 10.8% and 11.5% respectively over last year producing a combined 4.17M units. New and fresh products continue to drive their growth with more of the product-driven focus planned in 2006. Additional capacity increases follow in 2006 as the Big 3 contract further and realign to true demand.

Total North American production of the "New 6" manufacturers totaled 15.06M units or 95.4% of the total 15.78M units produced in the region. Production at the Traditional Big 3 automakers fell 4.3% to 10.89M units accounting for 72.3% of total "New 6" output in 2005, which is down from 75% last year. The New Domestics increased their share to 27.7% or 4.17M units, up from 3.80M units last year. This trend is expected to continue to 2006 with the Traditional Big 3 losing share to the New Domestics while overall "New 6" volume also decreases as Hyundai continues to ramp up production in the region.

With 2005 behind us, total North American production in 2006 is expected to remain flat at 15.8M units. The underlining composition of that figure will change in favor of the import manufacturers. U.S. output in January is expected to remain weak, down approximately 2% on a seasonally adjusted basis, in the wake of planned downtime activity. The New Year is already shaping up to be as interesting as the last.

CSM Worldwide ( http://www.csmauto.com ) supports more than 350 of the world's top automakers, suppliers and financial organizations with global market intelligence and forecasting services. With corporate offices in Detroit, CSM Worldwide covers the global automotive environment from London, Frankfurt, Tokyo, Paris, Sao Paulo, Singapore, Shanghai, Bangalore and Budapest.

CONTACT: Scott Worden of The Quell Group, +1-248-649-8900,
Email Contact , for CSM Worldwide

Web site: http://www.csmauto.com/auto-production-barometer/


Review Article Be the first to review this article

SolidCAM - Break The Chains

Featured Video
System Designer/Engineer for Bluewater at Southfield, Michigan
Mid-Level Mechanical Engineer for Kiewit at lenexa, Kansas
Mechanical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Software Developer for CHA Consulting, Inc. at Norwell, Massachusetts
Geospatial Analyst/Programmer for LANDIQ at Sacramento, California
GIS Data Analyst for CostQuest Associates, Inc. at Cincinnati, Ohio
Upcoming Events
Live SOLIDWORKS Event Hosted by Converge at 2482 Patterson Rd Unit 2 Grand Junction CO - May 22, 2018
ESPRIT World 2018 at Indianapolis Marriott Downtown 350 West Maryland Street Indianapolis IN - Jun 11 - 15, 2018
HxGN LIVE 2018 at The Venetian Las Vegas NV - Jun 12 - 15, 2018
IMTS2018 International Manufacturing Tech Show at McCormick Place Chicago IL - Sep 10 - 15, 2018
Kenesto: 30 day trial

Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise