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Ford Motor Company's May U.S. Sales Declined 11.5% but JagUar and Land Rover WAY UP

DEARBORN, Mich., June 3 U.S. customers purchased or leased 329,903 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in May, down 11.5 percent compared with a year ago.

Year-to-date, the company's U.S. sales totaled 1,466,736, down 10.6 percent compared with a year ago.

Jaguar reported record May sales of 5,416, up 33 percent compared with a year ago. May was the tenth month in a row of record sales at Jaguar. Sales of the new X-TYPE sedan (2,961) continued to pace Jaguar's record-setting results. In addition, Jaguar dealers delivered the first 2003-model S-TYPE mid-size sedans in May. Year-to-date, Jaguar sales were 27,246, up 62 percent compared with a year ago.

Land Rover dealers reported record May sales of 3,003, up 26 percent. May was the seventh month in a row of record sales at Land Rover. Sales of the all-new Freelander set a new monthly record (1,403). The all-new Range Rover debuted at Land Rover dealers on June 1. Year-to-date, Land Rover sales were 14,657, up 54 percent compared with a year ago.

Sales for the company's other brands were lower than a year ago, reflecting lower sales to individual retail customers. Ford sales declined 11 percent, Mercury sales declined 10 percent, Lincoln sales declined 23 percent, and Volvo sales declined 34 percent. Sales for these brands are expected to improve in the coming months as new products are introduced. Although availability was limited, Ford and Lincoln dealers delivered the first 2003- model Ford Expedition and Lincoln Navigator sport utility vehicles in May.

The company plans to produce 1.18 million vehicles in North America in the second quarter 2002, up four percent compared with a year ago. In the third quarter 2002, the company plans to produce 940,000 vehicles, up 16% compared with a year ago.

                    FORD MOTOR COMPANY MAY 2002 U.S. SALES

                             May Month       %          May CYTD          %
                           2002     2001   Change    2002       2001    Change
    Sales By Brand
       Ford              273,891  307,806  -11.0  1,221,018  1,361,809  -10.3
       Mercury            26,348   29,328  -10.2    102,400    132,580  -22.8
       Lincoln            13,224   17,118  -22.7     58,402     70,032  -16.6
       Jaguar              5,416    4,073   33.0     27,246     16,820   62.0
       Volvo               8,021   12,091  -33.7     43,013     50,692  -15.1
       Land Rover          3,003    2,382   26.1     14,657      9,511   54.1
         Total Ford
          Motor Company  329,903  372,798  -11.5  1,466,736  1,641,444  -10.6

    Memo: Cars and Trucks
       Cars              129,912  151,647  -14.3    548,514    645,069  -15.0
       Trucks            199,991  221,151   -9.6    918,222    996,375   -7.8
         Total Ford
          Motor Company  329,903  372,798  -11.5  1,466,736  1,641,444  -10.6


    Information Only (Not Included Above)
       TH!NK Neighbor        579        0     NA      1,079          0     NA


                        FORD BRAND MAY 2002 U.S. SALES

                             May Month       %          May CYTD          %
                           2002     2001   Change     2002       2001   Change

    Crown Victoria         6,518    9,904  -34.2     34,172     40,516  -15.7
    Taurus                32,292   36,459  -11.4    133,892    156,457  -14.4
    Focus                 23,289   27,908  -16.6     94,863    113,274  -16.3
    Thunderbird            2,034       NA     NA      9,424         NA     NA
    Mustang               14,255   17,448  -18.3     59,261     72,523  -18.3
    Escort                 6,706    8,410  -20.3     28,709     37,731  -23.9
      Total Ford Cars     85,094  100,129  -15.0    360,321    420,501  -14.3

    Escape                13,838   13,362    3.6     56,461     69,372  -18.6
    Explorer              34,136   36,904   -7.5    157,566    154,434    2.0
    Expedition            13,175   15,923  -17.3     59,634     76,391  -21.9
    Excursion              2,197    3,336  -34.1     12,921     14,523  -11.0
    Econoline/Club Wagon  16,109   15,346    5.0     68,754     73,093   -5.9
    Windstar              14,489   15,398   -5.9     63,767     77,013  -17.2
    Ranger                19,647   30,478  -35.5     93,809    126,949  -26.1
    F-Series              74,520   75,952   -1.9    344,704    345,310   -0.2
    Heavy Trucks             686      978  -29.9      3,081      4,223  -27.0
      Total Ford Trucks  188,797  207,677   -9.1    860,697    941,308   -8.6

      Total Ford Brand   273,891  307,806  -11.0  1,221,018  1,361,809  -10.3


                LINCOLN AND MERCURY BRAND MAY 2002 U.S. SALES

                                  May Month     %        May CYTD        %
                                2002    2001  Change   2002     2001   Change

    Grand Marquis               8,890  10,759  -17.4   31,832   48,649  -34.6
    Sable                      10,654   9,525   11.9   39,842   48,011  -17.0
    Cougar                      1,745   2,936  -40.6    6,237   11,964  -47.9
      Total Mercury Cars       21,289  23,220   -8.3   77,911  108,624  -28.3

    Town Car                    6,650   7,576  -12.2   25,216   29,590  -14.8
    Continental                 1,477   1,781  -17.1    6,051    9,233  -34.5
    LS                          3,383   4,708  -28.1   16,190   17,477   -7.4
      Total Lincoln Cars       11,510  14,065  -18.2   47,457   56,300  -15.7

      Total Mercury
       and Lincoln Cars        32,799  37,285  -12.0  125,368  164,924  -24.0

    Villager                    1,608   1,740   -7.6    6,655    8,311  -19.9
    Mountaineer                 3,451   4,368  -21.0   17,834   15,645   14.0
      Total Mercury Trucks      5,059   6,108  -17.2   24,489   23,956    2.2

    Blackwood                     192      NA     NA      731       NA     NA
    Navigator                   1,522   3,053  -50.1   10,214   13,732  -25.6
      Total Lincoln Trucks      1,714   3,053  -43.9   10,945   13,732  -20.3

      Total Mercury
       and Lincoln Trucks       6,773   9,161  -26.1   35,434   37,688   -6.0

      Total Mercury
       and Lincoln Vehicles    39,572  46,446  -14.8  160,802  202,612  -20.6

    Total Lincoln Brand        13,224  17,118  -22.7   58,402   70,032  -16.6
    Total Mercury Brand        26,348  29,328  -10.2  102,400  132,580  -22.8


                       JAGUAR BRAND MAY 2002 U.S. SALES

                                     May Month      %       May CYTD       %
                                    2002   2001  Change   2002    2001  Change
    XJ                               801    816   -1.8   3,594   3,882   -7.4
    S-TYPE                         1,246  2,818  -55.8   5,820  10,752  -45.9
    X-TYPE                         2,961     NA     NA  16,171      NA     NA
    XK                               408    439   -7.1   1,661   2,186  -24.0
      Total Jaguar                 5,416  4,073   33.0  27,246  16,820   62.0


                       VOLVO BRAND MAY 2002 U.S. SALES

                                   May Month      %        May CYTD       %
                                 2002    2001   Change   2002    2001   Change
    S40                         1,062   2,719   -60.9   5,744  10,026   -42.7
    V40                           200     386   -48.2   1,114   1,430   -22.1
    S60                         3,092   3,361    -8.0  16,339  14,020    16.5
    S70                             0      24  -100.0       0     201  -100.0
    V70                           759   1,317   -42.4   4,410   6,190   -28.8
    V70 XC                      1,418   1,931   -26.6   7,434   7,868    -5.5
    C70                           369     520   -29.0   1,565   2,238   -30.1
    S80                         1,121   1,833   -38.8   6,407   8,719   -26.5
      Total Volvo               8,021  12,091   -33.7  43,013  50,692   -15.1


                     LAND ROVER BRAND MAY 2002 U.S. SALES

                                      May Month      %      May CYTD       %
                                     2002   2001  Change   2002   2001  Change
    Range Rover                       147    456  -67.8   2,036  1,832   11.1
    Discovery Series II             1,453  1,926  -24.6   6,593  7,679  -14.1
    Freelander                      1,403     NA     NA   6,028     NA     NA
      Total Land Rover              3,003  2,382   26.1  14,657  9,511   54.1