Table 3
 Motor Vehicle Assemblies
 Millions of units, seasonally adjusted annual rate
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                                                     |   2002 |   2002            2003         |   2003                         
 Item                                                | Average|     Q3      Q4      Q1      Q2 |    May    June    July    Aug. 
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  Total                                              |  12.28 |  12.97   12.37   12.37   11.68 |  11.48   11.88   12.16   11.73 
     Autos                                           |   5.02 |   5.16    4.86    4.71    4.41 |   4.40    4.47    4.46    4.31 
     Trucks                                          |   7.26 |   7.81    7.51    7.66    7.28 |   7.08    7.42    7.70    7.43 
        Light                                        |   7.00 |   7.52    7.26    7.43    7.04 |   6.84    7.17    7.44    7.20 
        Medium and heavy                             |    .26 |    .29     .25     .23     .24 |    .24     .25     .25     .22 
                                                     |        |                                |
  Memo:                                              |        |                                |
     Autos and light trucks                          |  12.02 |  12.68   12.12   12.14   11.44 |  11.24   11.64   11.91   11.51 
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      Note.  Seasonal factors and underlying data for auto, light truck, and medium and heavy truck production are available on the Board's web site,
 www.federalreserve.gov/G17/mvsf.htm