North American vehicle output is expected to drop 19.1% in August to better align with slowing demand, according to a Ward’s production forecast. Estimated production of 1,168,773 vehicles is 275,767 units shy of year-ago’s 1,444,540 and is the lowest August build since 1993, when output totaled 1,090,143. The shortfall primarily is due to recent cutbacks by Detroit auto makers. While they collectively accounted for about 60.0% of last-year’s August production, they will be responsible ...
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