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Ford Motor Company's January U.S. Sales Declined 10.4%

DEARBORN, Mich., Feb. 1 -_ U.S. customers purchased or leased 232,982 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in January, down 10.4 percent compared with a year ago.

Jaguar and Land Rover reported higher sales than a year ago as both brands benefited from the introduction of new products.

Jaguar reported record January sales of 4,709, up 87.5 percent compared with a year ago. January was the sixth month in a row that Jaguar set a sales record. Sales of the all-new, all-wheel drive X-TYPE sedan (2,763) paced Jaguar's record results.

Land Rover dealers also reported record January sales of 3,502, up 133 percent. January was the third month in a row of record sales at Land Rover. Sales of the all-new Freelander, which debuted in late November, were 1,190.

Volvo's January sales were equal to a year ago.

January sales for the company's domestic brands were lower than a year ago: Ford sales declined 10.9 percent, Mercury sales declined 28.5 percent, and Lincoln sales declined 18.1 percent. Lower sales to fleet customers adversely affected the results at Ford, Mercury, and Lincoln, but sales to individual retail customers also were lower than a year ago.

Also, the company confirmed its first quarter North American production plan at 1.05 million cars and trucks.

                  FORD MOTOR COMPANY JANUARY 2002 U.S. SALES

                               January Month     %      January CYTD      %
                               2002     2001   Change   2002     2001   Change
    Sales By Brand
       Ford                  193,353  216,930  -10.9  193,353  216,930  -10.9
       Mercury                14,707   20,567  -28.5   14,707   20,567  -28.5
       Lincoln                 8,535   10,422  -18.1    8,535   10,422  -18.1
       Jaguar                  4,709    2,511   87.5    4,709    2,511   87.5
       Volvo                   8,176    8,175    0.0    8,176    8,175    0.0
       Land Rover              3,502    1,503  133.0    3,502    1,503  133.0
          Total Ford Motor
           Company           232,982  260,108  -10.4  232,982  260,108  -10.4

    Memo: Cars and Trucks
       Cars                   79,687   96,579  -17.5   79,687   96,579  -17.5
       Trucks                153,295  163,529   -6.3  153,295  163,529   -6.3
          Total Ford Motor
           Company           232,982  260,108  -10.4  232,982  260,108  -10.4

    Memo: Selling Days            26       26              26       26


                      FORD BRAND JANUARY 2002 U.S. SALES

                                January Month    %       January CYTD     %
                                2002     2001  Change    2002     2001  Change

    Crown Victoria             5,683    6,699  -15.2    5,683    6,699  -15.2
    Taurus                    18,414   22,380  -17.7   18,414   22,380  -17.7
    Focus                     13,621   16,708  -18.5   13,621   16,708  -18.5
    Thunderbird                1,724       NA     NA    1,724       NA     NA
    Mustang                    8,076   12,365  -34.7    8,076   12,365  -34.7
    Escort                     4,354    4,452   -2.2    4,354    4,452   -2.2
      Total Ford Cars         51,872   62,604  -17.1   51,872   62,604  -17.1

    Escape                     9,104   12,228  -25.5    9,104   12,228  -25.5
    Explorer                  28,023   24,194   15.8   28,023   24,194   15.8
    Expedition                10,938   12,266  -10.8   10,938   12,266  -10.8
    Excursion                  2,027    2,446  -17.1    2,027    2,446  -17.1
    E-Series                   9,808   14,889  -34.1    9,808   14,889  -34.1
    Windstar                  10,717   10,028    6.9   10,717   10,028    6.9
    Ranger                    14,927   18,557  -19.6   14,927   18,557  -19.6
    F-Series                  55,370   59,041   -6.2   55,370   59,041   -6.2
    Heavy Trucks                 567      677  -16.2      567      677  -16.2
      Total Ford Trucks      141,481  154,326   -8.3  141,481  154,326   -8.3

      Total Ford Brand       193,353  216,930  -10.9  193,353  216,930  -10.9


              LINCOLN AND MERCURY BRAND JANUARY 2002 U.S. SALES

                                  January Month    %      January CYTD    %
                                   2002    2001  Change   2002    2001  Change

    Grand Marquis                 4,577   8,342  -45.1   4,577   8,342  -45.1
    Sable                         4,619   6,493  -28.9   4,619   6,493  -28.9
    Cougar                          877   1,900  -53.8     877   1,900  -53.8
      Total Mercury Cars         10,073  16,735  -39.8  10,073  16,735  -39.8

    Town Car                      3,435   3,815  -10.0   3,435   3,815  -10.0
    Continental                   1,023   1,448  -29.4   1,023   1,448  -29.4
    LS                            2,065   2,864  -27.9   2,065   2,864  -27.9
      Total Lincoln Cars          6,523   8,127  -19.7   6,523   8,127  -19.7

      Total Mercury
        and Lincoln Cars         16,596  24,862  -33.2  16,596  24,862  -33.2

    Villager                        931   1,748  -46.7     931   1,748  -46.7
    Mountaineer                   3,703   2,084   77.7   3,703   2,084   77.7
      Total Mercury Trucks        4,634   3,832   20.9   4,634   3,832   20.9

    Blackwood                       114      NA     NA     114      NA     NA
    Navigator                     1,898   2,295  -17.3   1,898   2,295  -17.3
      Total Lincoln Trucks        2,012   2,295  -12.3   2,012   2,295  -12.3

      Total Mercury
        and Lincoln Trucks        6,646   6,127    8.5   6,646   6,127    8.5

      Total Mercury
        and Lincoln Vehicles     23,242  30,989  -25.0  23,242  30,989  -25.0

    Total Lincoln Brand           8,535  10,422  -18.1   8,535  10,422  -18.1
    Total Mercury Brand          14,707  20,567  -28.5  14,707  20,567  -28.5


                     JAGUAR BRAND JANUARY 2002 U.S. SALES

                                     January Month    %    January CYTD    %
                                      2002   2001  Change  2002   2001  Change
    XJ                                 520    620  -16.1    520    620  -16.1
    S-TYPE                           1,200  1,523  -21.2  1,200  1,523  -21.2
    X-TYPE                           2,763     NA     NA  2,763     NA     NA
    XK                                 226    368  -38.6    226    368  -38.6
      Total Jaguar                   4,709  2,511   87.5  4,709  2,511   87.5


                     VOLVO BRAND JANUARY 2002 U.S. SALES

                                   January Month    %     January CYTD    %
                                    2002   2001   Change  2002   2001   Change
    S40                              994  1,640   -39.4    994  1,640   -39.4
    V40                              218    228    -4.4    218    228    -4.4
    S60                            2,743  2,152    27.5  2,743  2,152    27.5
    S70                                0     82  -100.0      0     82  -100.0
    V70                              943    955    -1.3    943    955    -1.3
    V70 XC                         1,666  1,573     5.9  1,666  1,573     5.9
    C70                              179    240   -25.4    179    240   -25.4
    S80                            1,433  1,305     9.8  1,433  1,305     9.8
      Total Volvo                  8,176  8,175     0.0  8,176  8,175     0.0


                     LAND ROVER BRAND JANUARY 2002 U.S. SALES

                                     January Month   %     January CYTD   %
                                      2002   2001  Change  2002   2001  Change
    Range Rover                        789    371  112.7    789    371  112.7
    Discovery Series II              1,523  1,132   34.5  1,523  1,132   34.5
    Freelander                       1,190     NA     NA  1,190     NA     NA
      Total Land Rover               3,502  1,503  133.0  3,502  1,503  133.0