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Ford Motor Company Reports July U.S. Sales - Cars Down 16%

* Ford's July U.S. sales totaled 285,204, down 4 percent. * Truck sales increased 2 percent, but car sales declined 16 percent. * Ford F-Series sales totaled 80,253, up 15 percent. * Volvo sets July sales record as new S40 posts best month yet.

DEARBORN, Mich., Aug. 3 -- U.S. customers purchased or leased 285,204 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in July, down 4 percent compared with a year ago. Sales of trucks (pickups, sport utility vehicles and vans) increased 2 percent, but sales of passenger cars declined 16 percent.

"Consumers are back," said Jim O'Connor, Ford group vice president, North America Marketing, Sales and Service, "and they brought their wallets with them. July was easily our best retail sales month this year."

Year-to-date through July, the company's sales were 1.98 million, down 3 percent compared with the same period a year ago. Sales of trucks were 1.33 million, up 1 percent, and sales of passenger cars were 0.65 million, down 11 percent.

Ford F-Series, America's best-selling vehicle, posted sales of 80,253, up 15 percent. July was the eleventh month in a row of higher F-Series sales coinciding with the introduction of the new F-150 model last September. A new Super Duty model, built at Ford's Kentucky Truck Plant in Louisville, will debut later this summer.

Sales of sport utility vehicles nearly eclipsed last year's record-setting month. SUV sales totaled 79,656, down 5 percent. Production of the Escape hybrid began yesterday at Ford's Kansas City Assembly Plant in Claycomo, Missouri.

"July was a very strong month for the F-Series truck and our sport utility vehicles turned in a solid performance," said O'Connor. "Car sales have been weak, but help is on the way."

Later this year, the company will introduce two new mid-size sedans (Ford Five Hundred and Mercury Montego), a new crossover SUV (Ford Freestyle), and an all-new Ford Mustang.

Volvo dealers reported record July sales of 12,255, up 6 percent from a year ago. The new S40 sedan achieved its best month yet with sales of 2,351, more than double the level of sales for the old model a year ago.

                   FORD MOTOR COMPANY JULY 2004 U.S. SALES

                          July Month       %         July CYTD          %
                        2004     2003   Change    2004       2003    Change
  Sales By Brand
     Ford              234,253  243,132   -3.7  1,652,622  1,707,193   -3.2
     Mercury            20,566   19,228    7.0    117,862    118,903   -0.9
     Lincoln            11,577   14,837  -22.0     79,739     91,251  -12.6
     Jaguar              4,045    5,167  -21.7     28,051     29,824   -5.9
     Volvo              12,255   11,593    5.7     81,219     79,115    2.7
     Land Rover          2,508    3,308  -24.2     18,533     21,148  -12.4
        Total Ford
         Motor Company 285,204  297,265   -4.1  1,978,026  2,047,434   -3.4

  Memo: Cars and
   Trucks
     Cars               82,781   98,440  -15.9    645,731    727,103  -11.2
     Trucks            202,423  198,825    1.8  1,332,295  1,320,331    0.9
        Total Ford
         Motor Company 285,204  297,265   -4.1  1,978,026  2,047,434   -3.4

                     FORD BRAND JULY 2004 U.S. SALES

                          July Month      %          July CYTD       %
                        2004      2003  Change     2004     2003   Change

  Crown Victoria        5,347    7,322  -27.0     48,743    50,776   -4.0
  Taurus               19,944   23,534  -15.3    163,979   193,927  -15.4
  Focus                17,791   17,949   -0.9    136,598   140,044   -2.5
  Thunderbird           1,087    2,068  -47.4      8,159    11,945  -31.7
  Mustang               8,263   10,523  -21.5     81,596    88,692   -8.0
  Escort                    0    2,080 -100.0      1,210    14,839  -91.8
    Total Ford Cars    52,432   63,476  -17.4    440,285   500,223  -12.0

  Escape               14,585   16,168   -9.8    113,117    94,936   19.2
  Explorer             30,920   30,525    1.3    198,979   209,866   -5.2
  Expedition           15,191   16,218   -6.3     92,675   103,914  -10.8
  Excursion             1,464    2,154  -32.0     11,745    13,998  -16.1
  Econoline/Club Wagon 13,134   13,371   -1.8    105,252    98,932    6.4
  Windstar                  0   11,372 -100.0      2,950    81,776  -96.4
  Freestar             10,834        0     NA     65,995         0     NA
  Ranger               14,495   19,179  -24.4    101,163   127,847  -20.9
  F-Series             80,253   69,812   15.0    513,222   471,884    8.8
  Heavy Trucks            945      857   10.3      7,239     3,817   89.7
    Total Ford Trucks 181,821  179,656    1.2  1,212,337 1,206,970    0.4

    Total Ford Brand  234,253  243,132   -3.7  1,652,622 1,707,193   -3.2

                LINCOLN AND MERCURY BRAND JULY 2004 U.S. SALES

                              July Month      %       July CYTD        %
                             2004    2003  Change   2004     2003    Change

  Grand Marquis              8,928   9,109   -2.0   51,243   53,538    -4.3
  Sable                      3,824   4,905  -22.0   28,708   36,203   -20.7
  Cougar                         0       0     NA        0    2,024  -100.0
    Total Mercury Cars      12,752  14,014   -9.0   79,951   91,765   -12.9

  Town Car                   3,966   5,519  -28.1   29,816   34,483   -13.5
  LS                         2,172   3,496  -37.9   17,222   20,403   -15.6
  Continental                    0       0     NA        0      280  -100.0
    Total Lincoln Cars       6,138   9,015  -31.9   47,038   55,166   -14.7

    Total Mercury
      and Lincoln Cars      18,890  23,029  -18.0  126,989  146,931   -13.6

  Mountaineer                4,708   5,214   -9.7   27,217   27,138     0.3
  Monterey                   3,106       0     NA   10,694        0      NA
    Total Mercury Trucks     7,814   5,214   49.9   37,911   27,138    39.7

  Navigator                  3,315   3,130    5.9   19,583   20,768    -5.7
  Aviator                    2,124   2,692  -21.1   13,118   15,164   -13.5
  Blackwood                      0       0     NA        0      153  -100.0
    Total Lincoln Trucks     5,439   5,822   -6.6   32,701   36,085    -9.4

    Total Mercury
      and Lincoln Trucks    13,253  11,036   20.1   70,612   63,223    11.7

    Total Mercury
      and Lincoln Vehicles  32,143  34,065   -5.6  197,601  210,154    -6.0

  Total Lincoln Brand       11,577  14,837  -22.0   79,739   91,251   -12.6
  Total Mercury Brand       20,566  19,228    7.0  117,862  118,903    -0.9

                      JAGUAR BRAND JULY 2004 U.S. SALES

                                  July Month     %      July CYTD       %
                                 2004   2003  Change   2004    2003  Change
  XJ                             1,083  1,323  -18.1   6,011   4,878   23.2
  S-TYPE                           831  1,329  -37.5   7,461   8,720  -14.4
  X-TYPE                         1,858  2,250  -17.4  12,859  14,491  -11.3
  XK                               273    265    3.0   1,720   1,735   -0.9
    Total Jaguar                 4,045  5,167  -21.7  28,051  29,824   -5.9

                       VOLVO BRAND JULY 2004 U.S. SALES

                                 July Month      %      July CYTD       %
                                2004    2003  Change   2004    2003  Change
  S40                           2,351   1,161  102.5  12,610   8,345   51.1
  V50                             105       0     NA     368       0     NA
  V40                             128     230  -44.3   1,371   1,866  -26.5
  S60                           2,578   3,031  -14.9  18,449  21,586  -14.5
  V70                             802     872   -8.0   6,669   7,417  -10.1
  V70 XC                        1,743   1,123   55.2   9,236   9,861   -6.3
  C70                             377     482  -21.8   2,654   2,503    6.0
  XC90                          3,098   3,702  -16.3  21,577  19,129   12.8
  S80                           1,073     992    8.2   8,285   8,408   -1.5
    Total Volvo                12,255  11,593    5.7  81,219  79,115    2.7

                    LAND ROVER BRAND JULY 2004 U.S. SALES

                                  July Month     %      July CYTD       %
                                 2004   2003  Change   2004    2003  Change
  Range Rover                    1,182  1,225   -3.5   6,714   5,708   17.6
  Discovery                      1,038  1,330  -22.0   8,095   9,648  -16.1
  Freelander                       288    753  -61.8   3,724   5,792  -35.7
    Total Land Rover             2,508  3,308  -24.2  18,533  21,148  -12.4