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U.S. Automotive Manufacturing, Inc. Reports Results

19 May 1998

U.S. Automotive Manufacturing, Inc. Results for 3 Months Ended March 31, 1998
    NEW YORK, May 19 -- U.S. Automotive Manufacturing, Inc.
reported that for the three months ended March 31, 1998, it
sustained a loss of $(974,240) or $(0.06) per share on net sales of $3,419,873
compared to a loss of $(1,635,073) or $(0.19) per share and net sales of
$66O,846 for the three months ended March 31, 1997.
    According to Martin Chevalier, the Company's President, "the financial
results were in keeping with management's previously stated expectations that
losses would continue through the first quarter of 1998."  Mr. Chevalier
stated that, "the loss was slightly better than had been internally projected
and that there continued to be progress in improving the Company's financial
performance."  He added that, "the Company has begun the process of hiring and
training new personnel as a result of the previously reported recent increase
in business."  He continued, "The Company however, must service its customers
appropriately and to do that expects to incur increased labor costs (through
heavy overtime) until such new personnel have been fully integrated."
    Mr. Chevalier further states that during the quarter ended March 31, 1998,
"the Company secured additional sources of short term funding sufficient to
deal with the recent increase in business.  The Company continues to arrange
for long term funding."  He noted that, "management continues to be fully
committed to returning the Company to profitability in the near term and that
recent corporate performance indicates progress toward achieving such goal."
    U.S. Automotive Manufacturing, Inc., through its wholly-owned
subsidiaries, Quality Automotive Company and U.S. Automotive Friction, Inc.,
manufactures, assembles and distributes new and rebuilt automotive friction
products (brake pads, linings and remanufactured brake shoes) to other
automotive manufactures and to the automotive after-market.  The Company
intends to position itself to compete more formidably in the manufacture and
sale of friction materials as well as other "under car" automotive parts
through both acquisition and internal growth.

    "Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995:  The statements which are not historical facts contained herein are
forward-looking statements that relate to plans for future activities.  Such
forward-looking information involves a number of important known and unknown
risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially different from any
future results, performance or achievements of the Company expressed or
implied by such forward-looking statements.  Such risks, uncertainties and
factors, include, but are not limited to, those relating to the integration of
recently acquired companies, industry competition, possible need for future
financing and possible obsolescence of equipment and other risks detailed in
the Company's filings with the Securities and Exchange Commission.  The words
"believe", "except", "intend", "plan" and similar expressions identify
forward-looking statements.  Reader's are cautioned not to place undue
reliance on these forward-looking statements, which only speak as of the date
the statement was made.