 News of November 30, 1999
Page 4 of 4
.
Toyota
Announces Results for October 1999
. |
| Tokyo, November 24, 1999 - TOYOTA MOTOR CORPORATION (TMC) today announced
the production, domestic registration, export, and overseas production results of TMC and
subsidiary Daihatsu Motor Co., Ltd., for October 1999. October 1999 RESULTS
(Unit = 1 vehicle)
| . |
Toyota |
Daihatsu |
Total |
| DOMESTIC PRODUCTION |
. |
. |
. |
| Passenger cars |
259,871 |
(7.0) |
39,286 |
(-28.8) |
299,157 |
(0.4) |
| Trucks & Buses |
35,703 |
(-16.6) |
16,414 |
(-1.7) |
52,117 |
(-12.4) |
| Total |
295,574 |
(3.5) |
55,700 |
(-22.5) |
351,274 |
(-1.7) |
| . |
Toyota |
Daihatsu |
Total |
| DOMESTIC REGISTRATION |
. |
. |
. |
| Passenger cars |
102,743 |
(4.4) |
27,872 |
(-0.7) |
130,615 |
(3.2) |
| Trucks & Buses |
39,914 |
(-8.1) |
13,558 |
(21.2) |
53,472 |
(-2.1) |
| Total |
142,657 |
(0.5) |
41,430 |
(5.5) |
184,087 |
(1.6) |
| . |
Toyota |
Daihatsu |
Total |
| EXPORTS |
. |
. |
. |
| Passenger cars |
135,603 |
(30.0) |
4,309 |
(-34.6) |
139,912 |
(26.2) |
| Trucks & Buses |
21,450 |
(-6.2) |
957 |
(-8.8) |
22,407 |
(-6.3) |
| Total |
157,053 |
(23.5) |
5,266 |
(-31.1) |
162,319 |
(20.4) |
| . |
Toyota |
Daihatsu |
Total |
| OVERSEAS PRODUCTION |
145,322 |
(0.8) |
1,931 |
(181.9) |
147,25 |
(1.6) |
| . |
Toyota |
Daihatsu |
Total |
| WORLDWIDE PRODUCTION |
440,896 |
(2.6) |
57,631 |
(-20.6) |
498,527 |
(-0.8) |
.
Notes:
1. Domestic production: CBU + KD (on a domestic line-off base)
2. Domestic sales: includes vehicles produced overseas
3. Overseas production: overseas production excluding KD (on a local line-off base)
4. Worldwide production: domestic production + overseas production
5. Figures in parentheses ( ) show year-on-year percentage change
|
Hayes
Lemmerz Third Quarter Results Below Expectations
. |
| Northville, Mich., Nov. 23, 1999 - Hayes Lemmerz International Inc. (NYSE:
HAZ), today announced third quarter results of $0.63 per share, below the first call
consensus estimate of $.77. The third quarter was adversely impacted by: (1): Unexpectedly
strong demand for lightweight aluminum wheels in both North America and Europe resulting
in both inefficiency and premium costs as several of the company's wheel plants continue
to operate seven days per week to meet record vehicle production requirements. Strong
aluminum penetration also resulted in soft demand for steel wheels in Europe: (2) Launch
costs in the polymer manifold business and (3) the continuation of the economic downturn
in developing markets, particularly Brazil. "We are experiencing extraordinary
demand in North America as the industry continues to operate at a selling rate approaching
17 million vehicles," said Ron Cucuz, chairman and CEO of Hayes Lemmerz. "We are
also seeing the penetration of aluminum wheels accelerating, both in North America and
Europe. As a result, many of our plants have been running around the clock through the
second and third quarters to support our customers, and after a while this affects
people's productivity, makes equipment maintenance difficult and can require premium
freight cost as well. We are strategically deploying engineering resources and capital to
break bottlenecks in the United States, and we are expanding capacity in Mexico. However,
our customers' volume forecasts through year end remain extremely strong, and our
operations will probably continue to be challenged in accommodating this record production
in the fourth quarter." |
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