Photo: Ram Truck
North American light-vehicle production climbed to an all-time high last month, WardsAuto reports, adding that October output numbers are keeping manufacturers on track for a 14-year high fourth-quarter of 4.02 million units.
According to the aforementioned source, manufacturers located in North America built 1,577,683 light vehicles last month, up 7.7 percent compared to October 2012 and up 0.7 percent over the month's previous high of 1,566,051 in 1998. Pickups, CUVs and SUVs are the biggest gainers, with the former being built in 890,191 units, an increase of 13.8 percent from October 2012.
Car production, on the other hand, increased only 0.7 percent to 687,512 units, with the highest growth coming from luxury and large models. Moving over to the Detroit Three, the Michigan-based companies built 859,293 light vehicles, which translates into a 10.3 increase over last year.
Chrysler had a month-over-month growth of 21.2 percent, while GM and Ford had gains of 8 percent and 4.1 percent respectively. The latter, however, reported the highest year-to-date growth, at 12 percent.
Car production, on the other hand, increased only 0.7 percent to 687,512 units, with the highest growth coming from luxury and large models. Moving over to the Detroit Three, the Michigan-based companies built 859,293 light vehicles, which translates into a 10.3 increase over last year.
Chrysler had a month-over-month growth of 21.2 percent, while GM and Ford had gains of 8 percent and 4.1 percent respectively. The latter, however, reported the highest year-to-date growth, at 12 percent.
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