Ford Posts Third Quarter 2009 Net Income of $1 Billion; Cash Flow Turns Positive; North America Profitable

* Special items detailed in Special Items tables below.

    THIRD QUARTER SPECIAL ITEMS                           Income/(Loss)
    (in millions)                                         -------------
    Personnel and Dealer-Related Items:                2008          2009
    -----------------------------------                ----          ----
    Automotive Sector
      Ford North America
        Retiree health care and related charges      $2,569         $(120)
        Personnel-reduction actions                    (197)          (23)
        U.S. dealer actions                             (38)          (13)
        Job Security Benefits                           320            22
                                                        ---           ---
          Total Ford North America                    2,654          (134)
      Ford South America
        Personnel-reduction actions                       -            (6)
      Ford Europe
        Personnel-reduction actions                     (40)          (16)
      Ford Asia Pacific Africa
        Personnel-reduction actions                     (28)           (6)
      Volvo
        Personnel-reduction actions                     (15)           (3)
        U.S. dealer actions                             (11)            -
                                                       ----           ---
          Total Volvo                                   (26)           (3)
      Other Automotive
        Returns on assets held in the Temporary Asset
         Account ("TAA")                               (250)           93
                                                      -----           ---
          Total Personnel and Dealer-Related Items -
           Automotive sector                          2,310           (72)

    Other Items:
    ------------
    Automotive Sector
      Ford North America
        Accelerated depreciation related to AutoAlliance
         International, Inc. ("AAI") acquisition of
         leased facility                                (82)            -
        Gain/(Loss) on sale of Automotive Components
         Holding , LLC ("ACH") plants                   (19)            -
                                                       ----           ---
          Total Ford North America                     (101)            -
      Volvo
        Held-for-sale cessation of depreciation and
         related charges                                  -           163
        Other Automotive
        Gain on debt securities exchanged for equity     35             -
        Net gains on debt reduction actions               -             8
                                                                     -                          -
                    Total  Other  Automotive                                                  35                          8
            Jaguar  Land  Rover
                Sale-related/Other                                                            (37)                        -
                                                                                                              ----                      ---
                    Total  Other  Items  -  Automotive  sector                (103)                    171
        Financial  Services  Sector
                DFO  Partnership  -  gain  on  sale                                        -                          9
                                                                                                                ---                      ---

                    Total                                                                            $2,207                    $108
                                                                                                          ======                    ====

        Memo:
        Special  Items  Impact  on  Earnings  Per  Share*              $1.25                  $0.03
                                                                                                            =====                  =====
 


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