Table 3
 Motor Vehicle Assemblies
 Millions of units, seasonally adjusted annual rate
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                                                     |   2003 |   2003                    2004 |   2004                         
 Item                                                | Average|     Q2      Q3      Q4      Q1 |   Feb.    Mar.    Apr.     May 
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  Total                                              |  12.09 |  11.76   12.29   12.20   12.40 |  12.66   12.21   12.32   11.87 
     Autos                                           |   4.51 |   4.43    4.56    4.41    4.40 |   4.53    4.35    4.48    4.14 
     Trucks                                          |   7.58 |   7.32    7.73    7.79    8.01 |   8.14    7.86    7.84    7.73 
        Light                                        |   7.32 |   7.08    7.47    7.49    7.68 |   7.81    7.55    7.52    7.44 
        Medium and heavy                             |    .26 |    .24     .26     .30     .33 |    .33     .31     .31     .28 
                                                     |        |                                |
  Memo:                                              |        |                                |
     Autos and light trucks                          |  11.83 |  11.52   12.03   11.90   12.07 |  12.34   11.90   12.00   11.58 
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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/releases/G17/mvsf.htm