<TABLE>
                                                     EXHIBIT 11
                                                              
                                                           
                  DURAKON INDUSTRIES, INC.                        
              CALCULATION OF EARNINGS PER SHARE                 
                       (UNAUDITED)                                

(In thousands, except per
share amounts)
<CAPTION>
                                 Three Months Ended September 30,
                                           1995         1994
<S>                                       <C>           <C>
Net earnings available to common        
 stockholders                              $925        $3,480

Primary                                                
                                                              
Average number of shares oustanding       6,520         6,517

Add:  Dilutive effect of stock options 
      based upon treasury stock method      166           148

Total                                     6,686         6,665

Per share amount                          $0.14         $0.52

Fully diluted                                          

Average number of shares outstanding      6,520         6,517
                                                              
Add:  Dilutive effect of stock options 
      based upon treasury stock method      168           148

Total                                     6,688         6,665

Per share amount                          $0.14         $0.52

Note:  This calculation is required by Regulation S-K, Item 601,
       and is filed as an exhibit under Item 6(b) of Form 10-Q.
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<TABLE>
                                                     EXHIBIT 11
                                                     (cont'd)

                    DURAKON INDUSTRIES, INC.                      
                CALCULATION OF EARNINGS PER SHARE                 
                          (UNAUDITED)                             
         
(In thousands, except per                                         
share amounts)
<CAPTION>
                                  Nine Months Ended September 30,
                                         1995          1994
<S>                                      <C>           <C>
Net earnings available to common        
 stockholders                           $6,865        $9,225
                                                              
Primary                                                
                                                          
Average number of shares oustanding      6,520         6,493

Add:  Dilutive effect of stock options 
      based upon treasury stock method     170           150
                                                              
Total                                    6,690         6,643
                                                              
Per share amount                         $1.03         $1.39


Fully diluted                                          

Average number of shares outstanding     6,520         6,493

Add:  Dilutive effect of stock options 
      based upon treasury stock method     170           150

Total                                    6,690         6,643

Per share amount                         $1.03         $1.39
                                                              

Note:  This calculation is required by Regulation S-K, Item 601,
       and is filed as an exhibit under Item 6(b) of Form 10-Q.

</TEXT)                                                              

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