Table 3
 Motor Vehicle Assemblies
 Millions of units, seasonally adjusted annual rate
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                                                     |   2002 |   2002                         |   2002                    2003 
 Item                                                | Average|     Q1      Q2      Q3      Q4 |   Oct.    Nov.    Dec.    Jan. 
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  Total                                              |  12.27 |  12.20   12.39   12.96   12.37 |  12.20   12.98   11.91   12.88 
     Autos                                           |   5.02 |   5.24    5.15    5.15    4.86 |   4.83    5.17    4.58    5.16 
     Trucks                                          |   7.26 |   6.96    7.24    7.81    7.50 |   7.37    7.81    7.33    7.72 
        Light                                        |   7.00 |   6.72    6.98    7.52    7.26 |   7.11    7.56    7.12    7.51 
        Medium and heavy                             |    .26 |    .23     .27     .29     .24 |    .26     .25     .21     .21 
                                                     |        |                                |
  Memo:                                              |        |                                |
     Autos and light trucks                          |  12.02 |  11.96   12.13   12.67   12.12 |  11.94   12.73   11.71   12.67 
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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