Table 3
 Motor Vehicle Assemblies
 Millions of units, seasonally adjusted annual rate
 -------------------------------------------------------------------------------------------------------------------------------
                                                     |   2002 |   2002            2003         |   2003                         
 Item                                                | Average|     Q3      Q4      Q1      Q2 |   Mar.    Apr.     May    June 
 -------------------------------------------------------------------------------------------------------------------------------
  Total                                              |  12.28 |  12.97   12.37   12.37   11.67 |  11.96   11.69   11.48   11.84 
     Autos                                           |   5.02 |   5.16    4.86    4.71    4.41 |   4.42    4.35    4.40    4.47 
     Trucks                                          |   7.26 |   7.81    7.51    7.66    7.26 |   7.54    7.34    7.08    7.38 
        Light                                        |   7.00 |   7.52    7.26    7.43    7.04 |   7.31    7.10    6.84    7.16 
        Medium and heavy                             |    .26 |    .29     .25     .23     .23 |    .23     .24     .24     .21 
                                                     |        |                                |
  Memo:                                              |        |                                |
     Autos and light trucks                          |  12.02 |  12.68   12.12   12.14   11.44 |  11.72   11.46   11.24   11.63 
 -------------------------------------------------------------------------------------------------------------------------------
      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