| Show autos Is output year 1923 trade experts estimate production a at t best in Indu history new york the te admer I 1 in which the production and ad sale ot of automobiles automobile 1 Is holding up at this of if the year this seaon has ian surprised wen tile the most moat opt toilette lenders leader 1 n the industry V W hen an output of r approximately 8 cars in he the it hist t teu ten owns of tile lie current year ft as reported predictions were made that the dew demand or it tor for 1928 had virtually been blotted nod and that a reduction isales in would not be surprising I 1 in it the of rinsing xing moll months t he of if tile yen year r this predicted red alum slump p hana however ever has tailed failed to thus thua for far and ad while there them im lina been bass some C curtailment t ament in production schedule the seasonal lack has haa been less ale pronounced than in other fro fears th the statement I 1 la row now made ads 1 lu the trade that current automobile bubines tou bu alnee sines 1 la better than that for or the earr corresponding pon ding period ot of any preceding year or both balea AI and ad production letio thus far ulle tills fall it have run 40 per cent attend ahead of a year ago and the he 1922 au turn dumn season was an unusually active m one e for the trade to est establish 1 blish I now new mark due to the I closing of the open P ca car r sen aenean on and the seasonal I 1 taking as ot of inventory v tol a some a further curtailment of production Is 19 to be expected tos for the remainder of the vear but despite this it Is expected that flint the ind indus try will mill establish a 4 car cor mark reduction production record this year most of the a leading ending it 1 is P point at ed ad out lime hue laige Islas unfilled orders for closed chom cars cara on their books book and this fir fic business together with alie the orders placed by the southern and ad pacific coast territories for far open cars Is a expected to hold t ahe 4 ae ft average row output for or no ember and L december cl close to the car row binik if the mark I 1 Is room reached lt it is interesting to mhd recall that the h highest agh at estimate catboat lor far 1923 output made by by any producer prodie r nt at the national automobile how allow last january called tor for a production of only 8 mrs or approximately 20 25 per c cent less leas than I 1 the he probable output for or ewt the byear year abe splendid showing allowing made by the industry ad antry during 1922 and 1923 1913 two res rec or jorj fur breaking e aking years he haa resulted I 1 in unusual can at pre prosperity tor alie manufacturers lie be result being that they are virtually fill 11 in a strong tro financial position the standard daily trade service as A illustrative of this strong po pa film of the lulua industry Ind t y 1 Is the fact that thai although its in output I 1 this year will be more than 50 per cent greater the than last your tear plant up expansion ion has bers been pro pre ailed aided far or almost entirely from earn ings ingo and ina ID creased cd production product 1 Is caz measurably due to greater manufacture ing efficiency in the main the metr motor car producing I 1 companies ex arc seeing tae fe from fm dv own wv resources C the aw KreB teat volume of business in their id history story aed and in spite ot of this are carrying cash b balances lances larger than evor beta before another fit favorable feature of the current r t situation tuition 1 lg the strong position tl of th the dealer alor branch of the indu industry it notwithstanding the record breaking king lot volume A in of business placed by the deal era am with the manufacturer during the last ten tea months the stocks tea of 11 11 new care 11 1 in retail tell merel mild mg channels are rifi relo email all this menna a that the deal 1 I or era will have to place substantial orders orden tor for spring models model during the next four months the used car altu atton though suit still unfavorable gives evidence of r readjusting itself on a better has basis s used car losses lattice all buffered offered by deal dealers em during the third quarter of 1828 1923 amounted red to 5 according cear dw to the national automobile dealers association a reduction of 73 per par cent a na compared with the second mewl quarter this indicates e a that the deal era ere are I 1 less disposed to make unreasonably 11 high allowances on trade ins 0 on october I 1 lost last dealers had a stock of used automobiles compared with on an january I 1 one firm film plan can dally dalli Mennel meanwhile filA tile the led industry art inow la turning its attention to tile the 1924 pros print pacts it to la announced that one company Is 18 planning to produce a an average of 10 cars can a day on february rebr uary 1 1924 the present output of I 1 the he co company which has hall been steadily V iacre increase left ull iii 11 lu airey airly 1 AM ian a day and the total to be turned out ID iwa will in approximate ap pp i icicles on the basloe of 10 care can per par day till id co nonny an s plant ta alone we would true out out next ion par it if current plans piano at ore carried led out approximately cars an aal trucks another corpora thin tian la is panning to produce applaud mutely anra la ja Jn january nuary cy 1924 ahl figure IB only about 3 ars lidai the than ill the output for far 0 october t b the he beat e let forkim fortim tim month in the history of the for company the these tva tv a clu manie are am the leaden baet of ad the h automobile at bit industry set between A them they mail bell more thin than CO 60 per cent ot of the on total production of motorcars motor cara in connection 11 with ah the movement of cur prices the to review few bays A th that I 1 although price bricea are vow now at app ld merely the lowest levels ever v reached chad some same further light downward adjust mental in early aly next year are arc probable at least a two of the leading manufacturers in the high priced sold field are planning to moke it reductions uma whit while ft a number of other producers in ID th the medium priced la 11 said field 0 are PI planning to brine out u cara to bell if rd under or r haind around 1000 thus these moves will doubtlessly load lend some of the companies already wnifred I 1 id thus these fields to make mahe price a r readjust adjust meats intents |
