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Ford's F-Series Truck Posts January Sales Record

* F-Series' January sales were 61,979 - up 10 percent compared with a year ago. * Sport utility vehicles were up 6 percent compared with a year ago. * Ford's overall January sales were down 5 percent on lower sales of passenger cars.

DEARBORN, Mich., Feb. 3 -- Ford's F-Series truck posted record January sales of 61,979, up 10 percent compared with a year ago. January was the fifth month in a row F-Series achieved a double-digit sales increase -- a streak coinciding with the introduction of the all-new F-150 -- and the third month in the last five F-Series set a monthly sales record. The all-new F-150 has collected 19 major awards for product excellence.

Overall, U.S. customers purchased or leased 230,036 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in January, down 5 percent compared with a year ago, primarily reflecting lower sales of passenger cars (down 14 percent). Truck sales essentially were equal to a year ago.

"We're committed to pursuing a product and marketing strategy that will result in stronger retail sales performance," said Jim O'Connor, Ford group vice president, North America Marketing, Sales, and Service. "Today, we are benefiting from the all-new F-150 and a strong lineup of sport utility vehicles. By year-end, we expect to see stronger retail performance in passenger cars."

Sales of sport utility vehicles were 6 percent higher than a year ago, including Lincoln Aviator (up 39 percent), Lincoln Navigator (up 14 percent), Volvo XC90 (up 57 percent), and Land Rover Range Rover (up 23 percent).

In 2004, the company will introduce a redesigned Ford Focus, all-new mid- size sedans (Ford Five Hundred and Mercury Montego), and all-new Ford Mustang. In addition, the company will introduce a redesigned Ford Escape (including a hybrid version) and all-new crossover sport utility vehicle (Ford Freestyle).

                FORD MOTOR COMPANY JANUARY 2004 U.S. SALES

                            January Month      %      January CYTD      %
                            2004     2003   Change   2004     2003   Change
  Sales By Brand
     Ford                  190,573  200,224   -4.8  190,573  200,224   -4.8
     Mercury                13,083   15,960  -18.0   13,083   15,960  -18.0
     Lincoln                 9,632   10,574   -8.9    9,632   10,574   -8.9
     Jaguar                  3,643    3,544    2.8    3,643    3,544    2.8
     Volvo                  10,285    9,232   11.4   10,285    9,232   11.4
     Land Rover              2,820    3,021   -6.7    2,820    3,021   -6.7
        Total Ford Motor
         Company           230,036  242,555   -5.2  230,036  242,555   -5.2

  Memo: Cars and Trucks
     Cars                   72,066   84,141  -14.4   72,066   84,141  -14.4
     Trucks                157,970  158,414   -0.3  157,970  158,414   -0.3
        Total Ford Motor
         Company           230,036  242,555   -5.2  230,036  242,555   -5.2

                    FORD BRAND JANUARY 2004 U.S. SALES

                            January Month      %      January CYTD      %
                            2004     2003   Change   2004     2003   Change

  Crown Victoria             5,461    5,454    0.1    5,461    5,454    0.1
  Taurus                    16,548   22,547  -26.6   16,548   22,547  -26.6
  Focus                     13,683   16,937  -19.2   13,683   16,937  -19.2
  Thunderbird                  835    1,218  -31.4      835    1,218  -31.4
  Mustang                    9,906    6,735   47.1    9,906    6,735   47.1
  Escort                       972    2,067  -53.0      972    2,067  -53.0
    Total Ford Cars         47,405   54,958  -13.7   47,405   54,958  -13.7

  Escape                    11,015   11,234   -1.9   11,015   11,234   -1.9
  Explorer                  26,253   24,422    7.5   26,253   24,422    7.5
  Expedition                11,530   10,562    9.2   11,530   10,562    9.2
  Excursion                  1,552    1,676   -7.4    1,552    1,676   -7.4
  Econoline/Club Wagon      12,192   10,832   12.6   12,192   10,832   12.6
  Windstar                   1,806   12,255  -85.3    1,806   12,255  -85.3
  Freestar                   4,882        0     NA    4,882        0     NA
  Ranger                    11,120   17,293  -35.7   11,120   17,293  -35.7
  F-Series                  61,979   56,569    9.6   61,979   56,569    9.6
  Heavy Trucks                 839      423   98.3      839      423   98.3
    Total Ford Trucks      143,168  145,266   -1.4  143,168  145,266   -1.4

    Total Ford Brand       190,573  200,224   -4.8  190,573  200,224   -4.8

            LINCOLN AND MERCURY BRAND JANUARY 2004 U.S. SALES

                             January Month     %      January CYTD     %
                              2004    2003   Change   2004    2003   Change

  Grand Marquis               5,770   5,570     3.6   5,770   5,570     3.6
  Sable                       3,110   5,875   -47.1   3,110   5,875   -47.1
  Cougar                          0     924  -100.0       0     924  -100.0
    Total Mercury Cars        8,880  12,369   -28.2   8,880  12,369   -28.2

  Town Car                    3,469   3,605    -3.8   3,469   3,605    -3.8
  LS                          2,061   3,205   -35.7   2,061   3,205   -35.7
  Continental                     0     280  -100.0       0     280  -100.0
    Total Lincoln Cars        5,530   7,090   -22.0   5,530   7,090   -22.0

    Total Mercury
      and Lincoln Cars       14,410  19,459   -25.9  14,410  19,459   -25.9

  Mountaineer                 3,631   3,591     1.1   3,631   3,591     1.1
  Monterey                      572       0      NA     572       0      NA
    Total Mercury Trucks      4,203   3,591    17.0   4,203   3,591    17.0

  Navigator                   2,407   2,112    14.0   2,407   2,112    14.0
  Aviator                     1,695   1,219    39.0   1,695   1,219    39.0
  Blackwood                       0     153  -100.0       0     153  -100.0
    Total Lincoln Trucks      4,102   3,484    17.7   4,102   3,484    17.7

    Total Mercury
      and Lincoln Trucks      8,305   7,075    17.4   8,305   7,075    17.4

    Total Mercury
      and Lincoln Vehicles   22,715  26,534   -14.4  22,715  26,534   -14.4

  Total Lincoln Brand         9,632  10,574    -8.9   9,632  10,574    -8.9
  Total Mercury Brand        13,083  15,960   -18.0  13,083  15,960   -18.0

                   JAGUAR BRAND JANUARY 2004 U.S. SALES

                                  January Month    %    January CYTD    %
                                   2004   2003  Change  2004   2003  Change
  XJ                                 868    439   97.7    868    439   97.7
  S-TYPE                             986  1,202  -18.0    986  1,202  -18.0
  X-TYPE                           1,596  1,673   -4.6  1,596  1,673   -4.6
  XK                                 193    230  -16.1    193    230  -16.1
    Total Jaguar                   3,643  3,544    2.8  3,643  3,544    2.8

                   VOLVO BRAND JANUARY 2004 U.S. SALES

                                 January Month    %    January CYTD     %
                                  2004   2003  Change   2004   2003  Change
  S40                             1,093  1,057    3.4   1,093  1,057    3.4
  V40                               130    249  -47.8     130    249  -47.8
  S60                             3,025  2,777    8.9   3,025  2,777    8.9
  V70                             1,200    765   56.9   1,200    765   56.9
  V70 XC                          1,059  1,383  -23.4   1,059  1,383  -23.4
  C70                               220    257  -14.4     220    257  -14.4
  XC90                            2,618  1,669   56.9   2,618  1,669   56.9
  S80                               940  1,075  -12.6     940  1,075  -12.6
    Total Volvo                  10,285  9,232   11.4  10,285  9,232   11.4

                 LAND ROVER BRAND JANUARY 2004 U.S. SALES

                                  January Month    %    January CYTD    %
                                   2004   2003  Change  2004   2003  Change
  Range Rover                        880    717   22.7    880    717   22.7
  Discovery                        1,225  1,227   -0.2  1,225  1,227   -0.2
  Freelander                         715  1,077  -33.6    715  1,077  -33.6
    Total Land Rover               2,820  3,021   -6.7  2,820  3,021   -6.7