Decline of Automobile Production and Registration
Export and Foreign Manufacture of American Cars
Production of passenger cars and trucks by automobile manufacturers in the United States during the first nine months of 1932 totaled only 1,157,029 units, which represented a decline of almost 46 per cent from the corresponding period of 1931. Production during the first nine months of 1931 had been 27 per cent below that for the same months of 1930. Automobile manufacture exhibited an upward trend during March, April, and May of the current year, but the renewed decline which began in June continued without interruption through September. Total production for the year 1932 is not expected to surpass 1,400,000 units, which will be the lowest output for any year since 1918, when ...