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Ford Motor Company's February U.S. Sales Decline 11%

    DEARBORN, Mich., March 1 U.S. customers purchased or
leased 303,657 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and
Land Rover dealers in February, down 11 percent from the same month a year
ago.  Last February, the company set a February sales record of 354,380.

    "As expected, February sales fell short of last year's record-setting
performance," said Bob Rewey, Ford Motor Company Group Vice
President, Global Consumer Services and North America.  "Still, we remain
optimistic about the prospects for a 'soft landing' and healthy auto sales."

    "Similar to January, the annual sales rate in February appears to be in
the mid-17 million range," Rewey continued.  "That's a far cry from the 19
million sales rate in the first two months of 2000, but it is a very good
start -- better than we expected.  In fact, it's looking more and more like
2001 could be the third best U.S. sales year in history."

    Ford Motor Company truck sales were 178,309 and car sales were 125,348,
both down 11 percent.

    The Ford Escape achieved its best sales month ever as 13,525 U.S.
customers took delivery of the all-new subcompact sport utility vehicle.

    North American Production

    Ford is adjusting its previously-announced first quarter North American
production plan upward by 10,000 units to 1,060,000 cars and trucks.  The
company's first quarter 2001 North American production is down 210,000 units
(16%) compared with the first quarter 2000.  In the second quarter 2001, the
company plans to produce 1,250,000 cars and trucks, down 69,000 units (5%)
compared with the second quarter 2000.

                   FORD MOTOR COMPANY FEBRUARY 2001 U.S. SALES

                         February Month    DSR %   February   CYTD    DSR %
                          2001     2000   Change     2001     2000   Change
    Car and Truck Sales
     By Brand

       Ford              250,306  290,328  -10.2 %  467,236  519,706  -10.1 %
       Mercury            25,622   33,995  -21.5     46,189   60,199  -23.3
       Lincoln            15,738   16,135    1.6     26,160   29,397  -11.0
       Jaguar              2,686    3,516  -20.4      5,197    6,585  -21.1
       Volvo               7,851   10,406  -21.4     16,026   19,662  -18.5
       Land Rover          1,454    2,254  -32.8      2,957    4,546  -35.0
          Total Ford
           Motor Company 303,657  354,380  -10.7 %  563,765  635,549  -11.3 %

    Memo: Cars and Trucks
       Cars              125,348  146,074  -10.6 %  221,927  261,579  -15.2 %
       Trucks            178,309  208,306  -10.8    341,838  373,970   -8.6
          Total Ford
           Motor Company 303,657  354,380  -10.7 %  563,765  635,549  -11.3 %

    Memo: Selling Days        24       25                50       50

        Note: Ford Motor Company acquired Land Rover on June 30, 2000.
              Accordingly, Ford's January 2000 sales exclude Land Rover.


                     FORD BRAND FEBRUARY 2001 U.S. SALES

                        February Month     DSR %    February CYTD       DSR %
                        2001      2000    Change     2001    2000      Change

    Crown Victoria     6,692     7,929   -12.1 %   13,391  12,953       3.4 %
    Taurus            31,132    28,481    13.9     53,512  51,612       3.7
    Focus             22,417    23,820    -2.0     39,125  42,838      -8.7
    Mustang           13,415    13,384     4.4     25,780  23,331      10.5
    Escort             7,004     7,213     1.1     11,456  12,691      -9.7
    Contour                0    11,208  -100.0          0  20,894    -100.0
      Total Ford Cars 80,660    92,035    -8.7 %  143,264 164,319     -12.8 %

    Explorer          26,074    38,289   -29.1 %   50,268  68,347     -26.5 %
    Expedition        15,228    17,451    -9.1     27,494  31,683     -13.2
    Excursion          2,792     4,188   -30.6      5,238   7,862     -33.4
    Escape            13,525        NA      NA     25,753      NA        NA
    Econoline/
     Club Wagon       12,787    15,399   -13.5     27,676  28,268      -2.1
    Windstar          15,181    18,975   -16.7     25,209  33,904     -25.6
    Ranger            20,099    31,328   -33.2     38,656  52,478     -26.3
    F-Series          63,220    71,820    -8.3    122,261 131,248      -6.8
    Heavy Trucks         740       843    -8.6      1,417   1,597     -11.3
     Total Ford
      Trucks         169,646   198,293   -10.9 %  323,972 355,387      -8.8 %

      Total Ford
       Brand         250,306   290,328   -10.2 %  467,236 519,706     -10.1 %


                LINCOLN AND MERCURY BRAND FEBRUARY 2001 U.S. SALES

                           February Month    DSR %  February   CYTD    DSR %
                            2001    2000    Change    2001    2000    Change

    Grand Marquis           9,145  11,325   -15.9 %  17,487  19,421   -10.0 %
    Sable                  10,943   8,737    30.5    17,436  15,477    12.7
    Cougar                  2,109   3,251   -32.4     4,009   5,493   -27.0
    Mystique                    0   4,017  -100.0         0   7,440  -100.0
      Total Mercury Cars   22,197  27,330   -15.4 %  38,932  47,831   -18.6 %

    Town Car                7,904   6,709    22.7    11,719  12,524    -6.4
    Continental             2,049   1,800    18.6     3,497   3,325     5.2
    LS                      3,291   4,278   -19.9     6,155   7,333   -16.1
      Total Lincoln Cars   13,244  12,787     7.9 %  21,371  23,182    -7.8 %

      Total Mercury
        and Lincoln Cars   35,441  40,117    -8.0 %  60,303  71,013   -15.1 %

    Villager                1,500   2,347   -33.4 %   3,248   4,194   -22.6 %
    Mountaineer             1,925   4,318   -53.6     4,009   8,174   -51.0
      Total Mercury Trucks  3,425   6,665   -46.5 %   7,257  12,368   -41.3 %

    Navigator               2,494   3,348   -22.4     4,789   6,215   -22.9

      Total Mercury
        and Lincoln Trucks  5,919  10,013   -38.4 %  12,046  18,583   -35.2 %

      Total Mercury
        and Lincoln
         Vehicles          41,360  50,130   -14.1 %  72,349  89,596   -19.2 %

    Total Lincoln Brand    15,738  16,135     1.6 %  26,160  29,397   -11.0 %
    Total Mercury Brand    25,622  33,995   -21.5    46,189  60,199   -23.3


                      JAGUAR BRAND FEBRUARY 2001 U.S. SALES

                              February  Month   DSR % February  CYTD   DSR %
                                  2001   2000  Change    2001   2000  Change
    XJ8                            307    397  -19.4 %    570    715  -20.3 %
    XJ8 L                          122    103   23.4      189    196   -3.6
    Vanden Plas                    247    274   -6.1      468    522  -10.3
    XJR                            106     95   16.2      175    172    1.7
    S-TYPE                       1,451  2,108  -28.3    2,974  3,963  -25.0
    XK8 - Coupe                     10     54  -80.7       31    100  -69.0
    XK8 - Convertible              343    395   -9.5      559    689  -18.9
    XKR - Coupe                     11     15  -23.6       24     33  -27.3
    XKR - Convertible               89     75   23.6      207    195    6.2
      Total Jaguar               2,686  3,516  -20.4 %  5,197  6,585  -21.1 %


                       VOLVO BRAND FEBRUARY 2001 U.S. SALES

                            February  Month   DSR %  February   CYTD    DSR %
                              2001     2000  Change     2001    2000   Change
    S40                       1,271   2,387  -44.5 %   2,911   4,568  -36.3 %
    V40                         190     440  -55.0       418     823  -49.2
    S60                       2,166      NA     NA     4,318      NA     NA
    S70                          34   2,113  -98.3       116   4,007  -97.1
    V70                       1,104   2,395  -52.0     2,059   4,454  -53.8
    V70 XC                    1,290       NA    NA     2,863      NA     NA
    C70                         393     370   10.6       633     738  -14.2
    S80                       1,403   2,701  -45.9     2,708   5,072  -46.6
    S90/V90                       0       0     NA         0       0     NA
      Total Volvo             7,851  10,406  -21.4 %  16,026  19,662  -18.5 %


                    LAND ROVER BRAND FEBRUARY 2001 U.S. SALES

                               February Month   DSR % February  CYTD   DSR %
                                 2001    2000  Change    2001   2000  Change
    Range Rover                    333    451  -23.1 %    704    982  -28.3 %
    Discovery Series II          1,121  1,803  -35.2    2,253  3,564  -36.8
      Total Land Rover           1,454  2,254  -32.8 %  2,957  4,546  -35.0 %