Ford Motor Co. Message Board

Gained Market Share in U.S., Europe, Achieved Cost Target +

DEARBORN, Mich., Jan. 29 /


- Reduced Automotive costs by $1.4 billion in fourth quarter and $4.4
billion in 2008 versus year-ago levels. Achieved $5.1 billion in North
America cost reductions at year-end 2008 compared with 2005, excluding
favorable impact of depreciation and amortization from asset impairment
at the end of the second quarter.

- Decisively reduced global dealer stocks by more than 50,000 vehicles
compared with the third quarter. Ford now has among the lowest days'
supply in the industry.

- Product transformation continues to gain strength, helping the company
to gain market share in Europe for fourth quarter and full year, and in
the U.S. in the fourth quarter.

- Total liquidity of $24 billion, including Automotive gross cash of $13.4
billion, at Dec. 31, 2008. +++

- Ford is drawing its available credit lines due to concerns about the
instability of the capital markets with the uncertain state of the
economy. The $10.1 billion will be added to company cash for the first
quarter 2009.

- The United Auto Workers union has agreed to end the "jobs bank" at Ford.
The company and the union are presently working out the details of
implementation.

- Based on current planning assumptions, Ford has sufficient Automotive
liquidity to fund its business plan and product investments and does not
need a bridge loan from the U.S. government.

- Ford remains on track for both its overall and its North American
Automotive pre-tax results to be at or above breakeven in 2011,
excluding special items.