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Ford Motor Company's U.S. Sales Up 11% In May

3 June 1999

Ford Motor Company's U.S. Sales Up 11% In May; Tenth Consecutive Monthly Sales Increase
               Jaguar, Volvo, And Ford Trucks Set Sales Records

    DEARBORN, Mich., June 2 -- U.S. consumers purchased or leased
395,179 cars and trucks from Ford, Mercury, Lincoln, Jaguar, and Volvo dealers
in May, up 11 percent from a year ago.  May was Ford's tenth consecutive
monthly sales increase.  Passenger car sales were 168,580, up 19 percent from
a year ago, paced by record sales at Jaguar and Volvo and strong sales of the
Ford Mustang and Mercury Cougar.  Mustang posted its 23rd consecutive year-to-
year increase with sales of 19,584, up 33 percent compared with a year ago,
and the Mercury Cougar posted its best sales month ever.  Truck sales were a
record 226,599, up six percent from a year ago.  It was the 13th month in a
row that Ford Motor Company's trucks set a monthly sales record.
    "May was a 'blockbuster' sales month for Ford and the industry -- stronger
than we expected," said Bob Rewey, Ford's group vice president for marketing,
sales, and service.  "We estimate that the seasonally-adjusted annual sales
rate in May was higher than the 16.4 million cars and trucks sold in the 12-
month period that ended April 1999 -- and that was the best 12-months in U.S.
auto history."
    "Consumers are responding to strong economic fundamentals -- growth in
jobs and income, low inflation and interest rates, as well as innovative
products," continued Rewey.  "We believe those fundamentals will keep U.S.
auto sales healthy for the rest of 1999.  A record year is within reach."  In
response to strong consumer demand, Ford increased its second quarter North
American production by 20,000 vehicles (11,000 cars and 9,000 trucks).
    Bolstered by the arrival of the all-new S-TYPE mid-size sedan, Jaguar set
an any-month sales record of 3,209, up 66 percent compared with a year ago.
The previous record was set in December 1985.  In its first full month on
sale, the S-TYPE was Jaguar's best-selling model with 1,439 U.S. customers
taking delivery.
    "Jaguar is definitely on the prowl," said Rewey.  "The styling and
performance of the S-TYPE delivers Jaguar's brand promise of being a copy of
nothing -- elegant, sensuous, and refined power."  Jaguar was rated the No. 1
brand in J.D. Power & Associates Initial Quality Study.
    Volvo sales were 10,715, up 23 percent compared with a year ago.  Consumer
demand for the all-new S80, Volvo's new flagship sedan, continues to grow with
3,125 customers taking delivery in May.
    "The S80 is the perfect complement to the 70 Series sedan, coupe, and
wagon," said Rewey.  "This fall, Volvo will introduce its all-new S40 and V40
to North America."  The S80 was recently cited as the top-ranked vehicle in
Strategic Vision's total quality survey and the top-ranked car in Auto
Pacific's vehicle satisfaction survey.
    Lincoln sales were 13,089, down six percent from a year ago.  "With the
introduction of the LS, Lincoln's all-new, mid-size sedan, we expect this
brand to resume the growth it achieved in 1998," noted Rewey.  "Over 400
customers took delivery of the LS in May -- although dealers will not have
full availability for at least another month."  Last week, Ford announced that
the Lincoln Blackwood, the ultimate utility vehicle, would begin production at
the Kansas City Assembly Plant late next year.
    Overall sales of Ford and Mercury passenger cars were up 11 percent.
Sales of passenger cars to individual retail customers were three percent
higher than last year's strong levels -- the fifth consecutive monthly year-
to-year increase in retail car sales.  For the year, sales of Ford and Mercury
passenger car sales to retail customers are up seven percent.
    Sales of Ford's "Built Tough" pickups continued their record-setting pace.
Combined sales of the F-Series full-size pickup and Ranger compact pickup were
a record 117,373.  The previous record was set last year (106,568).  Sport
utility vehicles also set a record as combined sales of the Ford Explorer and
Expedition, Mercury Mountaineer, and Lincoln Navigator totaled 61,767.  The
previous record was set last year (61,073).


                      FORD MOTOR COMPANY MAY U.S. SALES


                         May Month       DSR %        May CYTD           DSR %
                      1999      1998    Change     1999       1998      Change

    TOTAL VEHICLES  395,179   355,729   11.1%  1,721,513  1,567,678      9.8%

    TOTAL CARS      168,580   141,558   19.1     676,322    651,555      3.8

    TOTAL TRUCKS    226,599   214,171    5.8   1,045,191    916,123     14.1

    memo:

    Domestic Cars   154,656   139,622   10.8%    648,243    637,634      1.7%

    Imported Cars    13,924     1,936  619.2      28,079     13,921    101.7

    Light Trucks    225,253   213,212    5.6   1,040,962    907,869     14.7

    Heavy Trucks      1,346       959   40.4       4,229      8,254    -48.8


    Note: Percentage changes are based on daily selling rates.
    Selling Days         25        25                127        127

    CONTACT: George Pipas, 313-323-9216

    Note:
    -  The sales data on this chart includes results for the Ford, Mercury,
       Lincoln, Jaguar, and Volvo (April-May 1999 only) brands.


                          FORD BRAND MAY U.S. SALES


                         May Month       DSR %        May CYTD           DSR %
                      1999      1998    Change     1999       1998      Change

    Crown Victoria   11,260    10,092   11.6%     50,895     49,785      2.2%

    Taurus           34,445    35,642   -3.4     145,701    154,698     -5.8

    Contour          15,219    11,882   28.1      58,064     59,871     -3.0

    Escort           27,227    29,242   -6.9     121,385    117,382      3.4

    Mustang          19,584    14,753   32.7      78,465     60,879     28.9

    Thunderbird          NA        NA     NA          NA      2,243       NA

    Aspire               NA        NA     NA          NA      4,917       NA

    Probe                NA        NA     NA          NA      3,058       NA

    TOTAL FORD CARS 107,735   101,611    6.0%    454,510    452,833      0.4%

    Expedition       20,081    16,179   24.1%     93,201     78,780     18.3%

    Explorer         34,905    36,548   -4.5     167,192    157,452      6.2

    Econoline/
     Club Wagon      19,574    19,253    1.7      82,976     85,124     -2.5

    Aerostar             NA        NA     NA          NA      1,060       NA

    Windstar         22,305    22,698   -1.7      97,684     82,332     18.6

    Ranger           38,070    33,443   13.8     177,627    130,204     36.4

    F-Series         79,303    73,125    8.4     368,676    321,673     14.6

    Heavy Trucks      1,346       959   40.4       4,229      8,254    -48.8

    TOTAL FORD
     TRUCKS         215,584   202,205    6.6%    991,585    864,879     14.7%


    TOTAL FORD
     BRAND          323,319   303,816    6.4%  1,446,095  1,317,712      9.7%


    CONTACT: Anne Doyle, Ford Division, 313-845-1527


                   LINCOLN AND MERCURY BRAND MAY U.S. SALES


                         May Month       DSR %        May CYTD           DSR %
                      1999      1998    Change     1999       1998      Change

    Grand Marquis    10,983     9,263   18.6%     50,051     49,549      1.0%

    Cougar (FWD)      6,686     2,079  221.6      26,650      4,941    439.4

    Sable            11,231     9,439   19.0      42,510     43,435     -2.1

    Mystique          5,055     3,465   45.9      16,929     16,363      3.5

    Tracer            2,669     3,400  -21.5      11,128     14,063    -20.9

    Cougar (RWD)         NA        NA     NA          NA      2,751       NA

    TOTAL MERCURY
     CARS            36,624    27,646   32.5%    147,268    131,102     12.3%

    Town Car          7,368     6,551   12.5      35,601     38,756     -8.1

    Continental       2,517     2,385    5.5      10,452     14,016    -25.4

    LS                  412        NA     NA         412         NA       NA

    Mark VIII            NA     1,429     NA          NA      5,844       NA

    TOTAL LINCOLN
     CARS            10,297    10,365   -0.7%     46,465     58,616    -20.7%

    TOTAL MERCURY
     AND LINCOLN
     CARS            46,921    38,011   23.4%    193,733    189,718      2.1%


    Villager          4,234     3,620   17.0%     19,929     15,292     30.3%

    Mountaineer       3,989     4,829  -17.4      18,157     18,682     -2.8

    TOTAL MERCURY
     TRUCKS           8,223     8,449   -2.7%     38,086     33,974     12.1%

    Navigator         2,792     3,517  -20.6      15,520     17,270    -10.1

    TOTAL MERCURY
     AND LINCOLN
     TRUCKS          11,015    11,966   -7.9%     53,606     51,244      4.6%

    TOTAL MERCURY
     AND LINCOLN
     VEHICLES        57,936    49,977   15.9%    247,339    240,962      2.6%

    Memo:
     Total Lincoln
      Brand          13,089    13,882   -5.7%     61,985     75,886    -18.3%
     Total Mercury
      Brand          44,847    36,095   24.2     185,354    165,076     12.3


    CONTACT: Tom Mattia, Lincoln and Mercury, 949-788-2336


                          JAGUAR CARS MAY U.S. SALES


                         May Month       DSR %        May CYTD           DSR %
                      1999      1998    Change     1999       1998      Change

    XJ6/8               558       487   14.6%      2,481      2,423      2.4%

    XJ6/8 L             157       279  -43.7         791      1,356    -41.7

    Vanden Plas         376       424  -11.3       1,502      1,954    -23.1

    XJR                 138        73   89.0         688        587     17.2

    S-TYPE            1,439        NA     NA       1,790         NA       NA

    XK8 - Coupe          39        62  -37.1         220        308    -28.6

    XK8 - Convertible   502       611  -17.8       1,978      2,376    -16.8

    TOTAL JAGUAR
     CARS             3,209     1,936   65.8%      9,450      9,004      5.0%


    CONTACT: Jaguar Public Affairs, 888-476-9537


                          VOLVO CARS MAY U.S. SALES


                         May Month       DSR %        May CYTD           DSR %
                      1999      1998    Change     1999       1998      Change

    70 Series         7,585     7,957   -4.7%     32,576     36,511    -10.8%

    90 Series             3       688     NA          14      6,964       NA

    S80               3,125        NA     NA      13,955         NA       NA

    850 Series            2        27     NA          18        198       NA

    900 Series            0        19     NA           6        136       NA

    40 Series             0        NA     NA           1          1       NA

    TOTAL VOLVO
     CARS            10,715     8,691   23.3%     46,570     43,810      6.3%

    CONTACT: Soren Johansson, Volvo Cars of North America, Inc., 201-767-4888