Document JJZzwQ9qNxDve96X7NEZ0o6v

A cceturo v. A b e x Corp., et ah, S uperior Ct., Law Division, Middlesex Cty., New Jersey, Docket No. M ID -L -6 6 0 1 -99-A S ; 03/07/06 A cceturo v. A b e x Corp., et a t , S uperior Ct., Law Division, Middlesex Cty., New Jersey, Docket No. M ID -L -6 6 0 1 -9 9 -A S ; 03/07/06 Pape 2 G.L. Cotter December 5, 19B6 Excluding the two most volatile categories, food and energy, producer prices are up only 2.7% over the past year. This measure of producer-price inflation, which covers about two-thirds of the total index, has fluctuated between 2% and 3% for the past three years. Despite the upward revision in third-quarter GNP, there are still np conclusive signs of e sustainable economic pickup. It is expected that relatively modest growth for the next two years is in order, with a significant risk of recession during 1987. North American Truck Market - Medium Duty 1986 truck factory sales for the month of September were reported at 13,110 vehicles. This is a 3D.1% reduction from a very strong sales level in September, 1985. Sales continue to be on track for a year end volume of 148,000 trucks. The current forecast for 1987 is for 140,000 units. This represents a demand level which is basically QaL and assumes that Imports will increase their market share at the expense of North American truck factory sales. CLASS 5 - 7 TRUCK FACTORY SALES BY (JUARTFR 1st Qtr. 2nd Otr. 3rd Otr. 4th Otr. TOTAL 1905-flctual Units SAAR 34.9 144 44.7 1.47 43.0 101 37.6 175 160.2 1986-Profit Plan Units 40.5 SAAR 169 43.0 147 31.8 133 27.9 123 143.2 1986-Forecast Units SAAR 36.8 153 42.1 144 34.1 143 35.0 152 148.0 1987-Profit Plan Units 34.4 SAAR 143 41.3 141 32.3 135 32.0 141 140.0 North American Truck Market - Heavy Only The Class 8 market continues at a fairly strong pace going into the last part of the year. This strength will generally conLinue into the first part of 1987. The last reported month, September, had factory sales of 11,433 vehicles, a 5.1% reduction from September of 1985. The 1907 Profit Plan Forecast continues to reflect a year of 140,000 trucks spread fairly evenly over the quarters. This forecast is based on an economic scenario of continued slow growth in the U.S, economy. P-EKT-0656 EAJ3 031714