Top Banner
SECOND QUARTER EARNINGS REVIEW JULY 26, 2007 (PRELIMINARY RESULTS)
49

ford 2007 Q2 Financial Result

Jan 22, 2018

Download

Documents

Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: ford 2007 Q2 Financial Result

SECOND QUARTER EARNINGS REVIEW

JULY 26, 2007(PRELIMINARY RESULTS)

Page 2: ford 2007 Q2 Financial Result

SLIDE 1

BUSINESS OVERVIEWAlan Mulally

President and Chief Executive Officer

Page 3: ford 2007 Q2 Financial Result

SLIDE 2

TOTAL COMPANY2007 SECOND QUARTER FINANCIAL RESULTS

Wholesales (000) 1,773 (33) 3,423 (139)Revenue (Bils.) $ 44.2 $ 2.3 $ 87.3 $ 4.6

Continuing Operations (Excluding Special Items)*Pre-Tax Profits (Mils.) $ 483 $ 774 $ 552 $ 671After-Tax Profits (Mils.) 258 376 87 (18)Earnings Per Share** 0.13 0.19 0.05 (0.01)

Special Items Pre-Tax (Mils.) $ 443 $ 820 $ 330 $3,227

Net IncomeAfter-Tax Profits (Mils.) $ 750 $1,067 $ 468 $2,208Earnings Per Share** 0.31 0.48 0.22 1.15

Automotive Gross Cash (Bils.)*** $ 37.4 $ 13.8 $ 37.4 $ 13.8

� � � � �� ��� � �� � � �� � � � � � ���� �� � � � � ��� ��� � ����� � � ��� � � � � � �� � � �� � � � ��� �� �� � � �� � �� � �� � �� ��� ��� � �� � � � �� � � �� �� �������� ��� �� �� ���� �� � � �� � �� � �� ��� �� �� � � � � �� � � �� � � � � � ���� �� � �� �� �

���� �� � � ������ � � ��� ���� � �� ��� � �! � � �� � �� � � � �� � � � � �� � � �� " � �� �� �� �� � ��� � # � � � �� �� � � � � ���� � ���� � � �� � � � � ���� � � � �� � �� ���� � � �$ ��� � � � �� � � ��� � � �

% � � ��� � � � �� � � �� � ��� �&$ � % � '� � � � ��

First Six MonthsSecond Quarter

2007O / (U)2006 2007

O / (U)2006

Page 4: ford 2007 Q2 Financial Result

SLIDE 3

TOTAL COMPANYSECOND QUARTER 2007 OPERATIONS RESULTS

• Ford North America reported a $279 million loss, an improvement of more than $500 million compared with 2006

• Profitable at Ford Europe, Ford South America, Premier Automotive Group, Ford Asia Pacific & Africa, and Mazda

• Significant improvements in all Automotive operations compared with the same period a year ago

• Ford Credit continues to be profitable

Page 5: ford 2007 Q2 Financial Result

SLIDE 4

TOTAL COMPANYSECOND QUARTER PROGRESS

• We continue to make progress on executing the four priorities ofour plan -- restructuring the Company, accelerating product development, funding our plan, and working effectively as one team

• Achieved $1.1 billion in cost savings in First Half of 2007, including $600 million in the Second Quarter

• Reduced North America personnel by 6,400

• Continued reducing North America capacity to match demand

• Completed sale of APCO and Aston Martin

• Began exploring strategic options for Jaguar and Land Rover

• Initiated trust preferred exchange offer in early July

Page 6: ford 2007 Q2 Financial Result

SLIDE 5

TOTAL COMPANYSECOND QUARTER / FIRST HALF HIGHLIGHTS� ( �� �� �� � � � ��

– ) �� � �� � � � � ��* � � � � �� �+ ,�- ,�� �* � � .� �/ ��� ��0 � ���� �� � � � � � ��� ) �� � �1 � � � � ��1 � � � � � � �1 �� ��2 � � �� �1 3 4 � � �1 � # �2 5 �� � �1 6 � �1 7 �8 �1 � �

– ) �� � �� � � � �� � � �� �6 � � � � �9: �� � � � ��; # � � �1 �� � �6 � �1 � $ < � � �+ ,�- ,�� �* � � �= �� � � �� � �� �

– ) �� � �� � � � �* � ��� � �� � � ��� � ��� � �� �� �� �6 � �� ��� � �� � � �� �� � � � � �0 � � �� �

– 2 � � �� �� �� � �� � ���� � � � �� �� �� � ��� � �� �

� � �� �� �� � � � �� �

– ) �� � �� �� �� �� � � � �� �� �� � �� � �>?@�� �) �� � ��: ������>??�

� ) �� � �� � ��� � � � �� � �– ) �� � �� � ��� � �� �� � �� � � � �� ��8 @�� �) �� � ��: ������>??�

– 1 � � � ��� � � � � � �* ��� �� � � ��� � � �� * �

– ; � � �� � �2 � �; �� � � �� �� � ��� � � �A @��� ��� � � �) �� � ��: ������>??�

– ! � �� � � � �� � �� � �� � ��� � �� � � ��

� � � �– ) �� � �! � � �� �� � �� � �>>@�� �) �� � ��: ������>??�

– � �� � � � �� � � � ��� ����� � � � �� ��� � � ��� �� �� � � �� �� �� �>?B ?� � �� � ����� �� � � � � ���� ��� ��� � � ��� ����) �� � �) �� � � �� �>?B B

Page 7: ford 2007 Q2 Financial Result

SLIDE 6

FINANCIAL RESULTSDon Leclair

Chief Financial Officer

Page 8: ford 2007 Q2 Financial Result

SLIDE 7

TOTAL COMPANY2007 SECOND QUARTER INCOME FROM CONTINUING OPERATIONS COMPARED WITH NET INCOME

; � � � � � �&% ��� ,' C D D ,> C ����>,E C �A � ,E C ����D ,F

/ � �� � �&1 ��� ,'

� � � �5 �/ � �� � ����� �! � �� � � � �G � � � ��� � �&� � �,�� � � � � ��/�� � � ' C �D A E C ���� � D C ��8 8 > C ���F � B

� � � � � ��/�� � � � D D E A >? E E ? E �>>�

� � � �5 �/ � �� � ����� �! � �� � � � �G � � � ��� � C �H>F C B �8 HD C ��A A > C E �A HA

1 � �� ��� �/ �� � � � � &A 8 ' &F F ' &B D E ' &F 8 '

5 � � &B >E ' &D A � ' &E ?8 ' &B �F 8 B '

( � ��/ � �� � ����� �! � �� � � � �G � � � ��� � C �� B A C B �?D B C ��D E D C >�B A >

- �� � � �� � � � �G � � � ��� � E > >F E D >F

( � ��/ � �� � C �� 8 ? C B �?F � C ��D F A C >�>?A

��� � � �� ��� � �A ���� �� � � ������� � � � � �0 � � �� � �>??� �� � � � � ��/�� � �

� � � � � �0 � � �� �

>??�

) �� � ��� � �1 � �� �

% �I�&J '>??F >??�

% �I�&J '>??F

Page 9: ford 2007 Q2 Financial Result

SLIDE 8

TOTAL COMPANY2007 SECOND QUARTER SPECIAL ITEMS

� � � � �0 � � �� �&1 ��� ,'

� � � � � � �� � � �� � � � ����� �� � �� � � � ��� � � ��� � ��� �� �� � � �� � �� � � � �� ��� ��� � �� � � � �� � � �� �� �������� ��� �� �� ���� �� � � �� � �� � �� ��� �� �� � � � � �� � � �� � � � � � ���� �� � �� �� ����� �� � � ���

) �� � ��� � �1 � �� �

&1 ��� ,'

) �� � �( �� �� �� � � � �� �� � � � ��� �� ��� � � � C ���8 8 C �&A B H'

; � � �� � �G � � % �! � � � ��� � � B D A B �B ?A

; � � �� � �� � � �� �! � � � ��� � � ? &B � 8 '

� � � ��� ��) �� � �( �� �� �� � � � �� � C �>?E C ��B B D

� � � �� �� ����� � �� �1 � �� >?F >B D

� � � �; � � �� ���� ����� � � � ��� � �� �- � �� � � � � �: � � � � � �� � � B A > B A >

) �� � �� � ��� � �� � � � � � ��; � � � � ��� �� ��� � � � �I�G �� � � &� A ' &A H'

� � � �� � � � � � ��; � � � � ��� �� ��� � � � �I�G �� � � &F >' &A B '

) �� � �� � � �� � ���� � � �� �� �� �� � � � � � ��; � � � � ��� �� ��� � � � &A ' &B ?'

5 �� ��� � � �5 �� � � � � ��/�� � � C �D D E C ��E E ?

1 � � �K��� � � � � ��/�� � � �/� � � ��� �� � � � � �� � � �� � � � � C ?,B � C �?,B F

Page 10: ford 2007 Q2 Financial Result

SLIDE 9

TOTAL COMPANY2007 SECOND QUARTER PRE-TAX PROFIT / (LOSS) BY SECTOR*

$378

$483

(Mils.)

FinancialServices

Memo:B / (W) 2006 $774 $1,094 $(320)

��� � �� � � � �� � � � � ����� � � �� � � �� ��� � �� � � �� � � � � � ���� �� � � � � ��� ��� ����� � � �

AutomotiveTotal

$105

Page 11: ford 2007 Q2 Financial Result

SLIDE 10

��� � �� � � � �� � � � � ����� � � �� � � �� ��� � �A � � �� � � � � � ���� �� � � � � ��� ��� ����� � � �

AUTOMOTIVE SECTOR2007 SECOND QUARTER AUTOMOTIVE PRE-TAX PROFITS COMPARED WITH 2006*

(Bils.)

C &?,B '

2006 NetPricing

CostChanges

C ?,F

Volume /Mix

2007

C ?,D

C &?,� '

C &?,E '

Exchange

C ?,H

C B ,B

Page 12: ford 2007 Q2 Financial Result

SLIDE 11

AUTOMOTIVE SECTOR2007 FIRST SIX MONTHS COST CHANGES*

2007 Costs B / (W) 2006 (Bils.)

( � �� ��� � � �! �� ��

J � � �� G � � � � � �� � � � � � �; � � �� �

1 �� ,�I� � � � ,

� � � �� �IG � � %

��� ��� � � � ��� ��� � � ��� � �� � �� � � � � �� � �� � � � �� � � � � ����� � �

$0.7 $0.8

$(1.3)

$(0.1)

$0.3$0.5

� � � � � ��� � �= �� �� �

� ��� ���� �

$0.2

Total $1.1 Bils.

1 � � �K� � � � � �0 � � �� � C ?,> C ?,E C &?,F ' C ?,B C ?,D C ?,> C ?

Page 13: ford 2007 Q2 Financial Result

SLIDE 12

AUTOMOTIVE SECTOR2007 SECOND QUARTER PROFIT / (LOSS) BY SEGMENT*

1 � � �K% �I�&J '�>??F C B �?HD C 8 B ? C B 8 F C � � C E ?> C >> C D H C &>>'

��� � �� � � � �� � � � � ����� � � �� � � �� ��� � �A � � �� � � � � � ���� �� � � � � ��� ��� ����� � � �

( �� ��� � � � ��

� � � �� � ����= �� �� ��

(Mils.)

C &>� H'

� ,� ,� ,5 �� �

C >F >

C B D ?

C &B ?� '

G �� � �� � ��

C E � A

C A BC >F

C >8 8

� � ��� �� �� ��� � � � ��

1 6 � �=� � � �� ,

G � � � ��� �

C D A 8 �1 ��� ,�

Page 14: ford 2007 Q2 Financial Result

SLIDE 13

AUTOMOTIVE SECTOR -- FORD NORTH AMERICASECOND QUARTER KEY METRICS -- 2007 vs. 2006

$18.8$19.1

Revenue (Bils.)

807907

Wholesales (000)

$(789)

Pre-Tax Profits (Mils.)*

$(279)

2007200620072006 200720061 � � �KL ,� ,�1 � # � ��� � � � B F ,� @ B 8 ,F @L ,� ,�- � �� � �/ � � ��� �� � � HF 8 8 �

��� � �� � � � �� � � � � ����� � � �� � � �� ��� � �A � � �� � � � � � ���� �� � � � � ��� ��� ����� � � �

Page 15: ford 2007 Q2 Financial Result

SLIDE 14

(Bils.)

AUTOMOTIVE SECTOR -- FORD NORTH AMERICA2007 SECOND QUARTER AUTOMOTIVE PRE-TAX PROFITS COMPARED WITH 2006*

20072006

$(0.8)

$(0.3)

Volume /Mix

NetPricing

CostChanges

Other

��� � �� � � � �� � � � � ����� � � �� � � �� ��� � �A � � �� � � � � � ���� �� � � � � ��� ��� ����� � � �

$(0.3)

$(0.1)

$0.4

$0.6

$0.5

1 �� ,�I�� � � � , C ?,D� � � �� �I�G � � % ?,EG � � � � � � �I�G �� � � ?,>J � � �� ?,B( � ��� ��� � � ��! �� �� &?,F '

$(0.1)

Exchange

Page 16: ford 2007 Q2 Financial Result

SLIDE 15

17.2%

� � � � � �0 � � �� �

FleetRetail

6.4%

10.8%

��) �� � ��2 � � �� �� � �1 � � � � � �

) �� � ��0 � � �� �

AUTOMOTIVE SECTOR -- FORD NORTH AMERICAU.S. MARKET SHARE*

) �� � ��0 � � �� � � � � � � �0 � � �� �

16.7%

6.1%

10.6%

15.1%

5.0%

10.1%

15.6%

5.4%

10.2%

>??A �� � 5 �� ��� � � � K B D �B 8 @) �� � ��� � � � K� 2 �* � � �

>??F >??�

Page 17: ford 2007 Q2 Financial Result

SLIDE 16

� � � �� � �� � � � � � ��� ) � ���5 �� � �� �� ���� �

: �� � �� �� ! : �� � � ��� � � � ��

: �� � �� �&� � �� � � � �� ! : '

AUTOMOTIVE SECTOR -- FORD NORTH AMERICAPERSONNEL LEVELS FROM YEAR-END 2005

- � � � � � � � �E B �>??8

- � � � � � � � �E B �>??F

1 � � �K�>??A �L � � �

- � � ,�E B ��>??8

B ?�D ??

>8 �???�M E ?�???

; � � � � ��� �I�� � � � ��

+ � � �E ?�>??�

��� � �� � � � �� � � � �� � � � ��; � � � � � � � ��� � � � � � ��

>??A �� �

1 � � �K�>??A �L � � �

- � � ,�E B ��>??8

>D �B ??

E D �8 ?? E B �8 ??>D �>??

1 � � � �E B �>??�

>D �H??

- � � � � � � � �E B �>??8

- � � � � � � � �E B �>??F

+ � � �E ?�>??�

>??A �� � 1 � � � �E B �>??�

A 8 �F ??

8 8 �???�M F ?�???

� � �H??F D �H??F H�>??

- � � � � � � � �E B �>??8

- � � � � � � � �E B �>??F

+ � � �E ?�>??�

1 � � � �E B �>??�

B E �H??B B �B ??

� �8 ??A �H??

>??A �� �

Page 18: ford 2007 Q2 Financial Result

SLIDE 17

AUTOMOTIVE SECTOR -- FORD NORTH AMERICA ASSEMBLY CAPACITY

(Millions - Annualized)

1 �� � � �/ � � ��� � �! � � ���� �� �� � ��5 �� � �1 � � �! � � ���

4.8

4.13.8

3.2 3.0

3.6

) �� � �� �0 � � �� �>??8

� � � � � �0 � � �� �>??�

) �� � ��0 � � �� �>??�

1 �� � � �/ � � ��� � A D @� �� �� � ��5 �� � �1 � � B ??@

>??A �� � �! � � ��� �L ����6 ���

3.63.0

>??A �� �

Page 19: ford 2007 Q2 Financial Result

SLIDE 18

AUTOMOTIVE SECTOR -- FORD NORTH AMERICA OPERATING COST REDUCTIONS*

Cumulative Costs B / (W) Than December 31, 2005 (Bils.)

$1.5

$1.9

$2.3

1 � � � �E B ��>??� + � � �E ?��>??�- � � � � � � � �E B ��>??F

1 � � �K� � � ��� �� � � ��� � � � C B ,8 C ?,D C ?,D

��� ��� � � � ��� ��� � � ��� � � � �� � � � � �� � �� � � � �� � � � � ����� � �

2008 Plan $5 Billion

Page 20: ford 2007 Q2 Financial Result

SLIDE 19

AUTOMOTIVE SECTOR -- FORD SOUTH AMERICA SECOND QUARTER KEY METRICS -- 2007 vs. 2006

Revenue (Bils.)Wholesales (000)

1 � � �K��1 � # � ��� � � � �� B B ,B @ B ?,H@

� � � �� � � � �� � � � � ����� � � �� � � �� ��� � �A � � �� � � � � � ���� �� � � � � ��� ��� ����� � � ��� � �� �� �� � � � �� �>??� �� � # � ��� � � � �� � � � �� �� � ��� �� � �� � � �� �� �� � � ���� �� � ���� ��� � �� � �� N�� �� � # � �� �� ��� ��� � � ��

2007200620072006 20072006

89

110

$1.3

$1.8

$99

$255

Pre-Tax Profits (Mils.)*

Page 21: ford 2007 Q2 Financial Result

SLIDE 20

AUTOMOTIVE SECTOR -- FORD EUROPESECOND QUARTER KEY METRICS -- 2007 vs. 2006

20072006

$9.2

$7.5

Revenue (Bils.)

20072006

509466

Wholesales (000)

$185

20072006

Pre-Tax Profits (Mils.)*

1 � � �K��1 � # � ��� � � � �� A ,E @ A ,E @

� � � �� � � � �� � � � � ����� � � �� � � �� ��� � �A � � �� � � � � � ���� �� � � � � ��� ��� ����� � � ��� � � ��� � �>??� �� � # � ��� � � � ���� �) �� � �� � ��� � ��� �� � � � ��� �� � ���� � � ��� �� � �� � � �� �� �� � � �� �� ��� � ���� ��� � �B H�� N�� �� � ��� � �� � # � ��

$262

Page 22: ford 2007 Q2 Financial Result

SLIDE 21

AUTOMOTIVE SECTOR -- PREMIER AUTOMOTIVE GROUPSECOND QUARTER KEY METRICS -- 2007 vs. 2006

20072006

$8.4$7.8

Revenue (Bils.)

20072006

203195

Wholesales (000)

$(162)

20072006

Pre-Tax Profits (Mils.)*

$140

1 � � �K��1 � # � ��� � � � ��

L ,� , B ,?@ B ,?@

� � ��� � >,B >,>

��� � �� � � � �� � � � � ����� � � �� � � �� ��� � �A � � �� � � � � � ���� �� � � � � ��� ��� ����� � � ����� � ��� � �>??� �� � # � ��� � � � ���� �� � � ��� �� � � � ��� �� � ���� �� � ��� �� � �� � � �� �� �� � � �� �� ��� � ���� ��� � �B H�� N�� �� � ��� � �� � # � ��

Page 23: ford 2007 Q2 Financial Result

SLIDE 22

AUTOMOTIVE SECTOR -- FORD ASIA PACIFIC AND AFRICA / MAZDA2007 SECOND QUARTER PRE-TAX PROFITS*

1 � � �K% �I�&J '�>??F C � B C >> C D H

(Mils.)

� � � �� � ���� � � �� �� �� �I�1 6 �

� � � �� � ���� � �� �� ��

1 6 � � �� � � �� ,�G � � � ��� �

C B ?�

C A B

C >F

��� � �� � � � �� � � � � ����� � � �� � � �� ��� � �A � � �� � � � � � ���� �� � � � � ��� ��� ����� � � �

Page 24: ford 2007 Q2 Financial Result

SLIDE 23

AUTOMOTIVE SECTOR -- FORD ASIA PACIFIC AND AFRICA SECOND QUARTER KEY METRICS -- 2007 vs. 2006

20072006

$1.7$1.8

Revenue (Bils.)

20072006

135133

Wholesales (000) Pre-Tax Profits (Mils.)*

1 � � �K��1 � # � ��� � � � �� >,8 @ >,>@

20072006

��� � �� � � � �� � � � � ����� � � �� � � �� ��� � �A � � �� � � � � � ���� �� � � � � ��� ��� ����� � � �

���� � � �� � ���� � � �� �� �� �>??� �� � # � ��� � � � ��� �� � � � �� �� � ��� �� � �� � � �� �� �� �� � ���� ��� � ��* � �� � �� N�� �� � # � �� �� ��� ��� � � ��

$26

$4

Page 25: ford 2007 Q2 Financial Result

SLIDE 24

AUTOMOTIVE SECTOR2007 SECOND QUARTER CASH*

� � � � �0 � � �� �&% ��� ,'

! � � ��( � ��1 � # � � � �� �� � � � � ���� � ��2 � � � �� � � � � ���� � ��� � �� ��5 � � � �$ � % � �� � � � ��+ � � �E ?��>??� C E � ,D C E � ,D1 � � � �E B ��>??� �I�- � � � � � � � �E B ��>??F �� E 8 ,> E E ,H

! � � � �� �� ��� � �! � � C ��>,> C ��E ,8

G � � � �� � �; � � �� � �! � � �) ��* �� � ��� ���� � �� � � �5 �� ������ �� C ��?,D C ��?,>! � �� ��� � � � � � &B ,E ' &>,F '- � � � � � � ��� � � �� � �� ��6 ��� B ,A E ,8! � � � � �� �; � � � �� � �� � ��/ � � ��� � �� � �5 � � � �� � � �� � &?,B ' ?,�G �� � � ��� � � �� � ��� �� � � � � � � �� � � � ��5 �� � � �- ���� � � � � � B ,? B ,B

5 �� ��� � ��� ���� � �G � � � �� � �; � � �� � �! � � �) ��* C ��B ,A C ��>,H

G �� � � �! � � � � �� �! � �! � � �/� � � �����+ �� � �% # �I�� � � ��� � � �� � � � ��� �� ��� � � � &?,D ' &B ,� '� � � �� �! � �� �� � ��� � &?,D ' &B ,>'( � ��� ��� � �����$ � % � �� �! � � ?,D ?,�5 �; � �� � � � � �5 �� � � � �� ����� �� ����� �� � ? >,?- �� � � ���� � � � ?,H B ,?� ���G �� � � � &?,B ' &?,>'

5 �� ��! � � � �� �� ��� � �! � � C ��>,> C ��E ,8

� � � � �� � � � � � ���� �� � � � � ��� ��� ����� � � �

�� � � �� � � � �� � � � � ����� � � �� � � �� ��� � �A � � �� � � � � � ���� �� � � � � ��� ��� ����� � � �

) �� � �� � �1 � �� �

&% ��� ,'

Page 26: ford 2007 Q2 Financial Result

SLIDE 25

• Trust Preferred Securities Exchange

• U.S. Pension Fund Asset Allocation Change

Prior Revised TargetTarget (by Year-End 2007)(Pct.) (Pct.)

Fixed Income 30% 45%

Equity / Other 70 55

TOTAL COMPANYSTRENGTHENING OUR BALANCE SHEET

Page 27: ford 2007 Q2 Financial Result

SLIDE 26

FINANCIAL SERVICES SECTOR2007 SECOND QUARTER PRE-TAX PROFIT / (LOSS) BY SEGMENT

Memo:B / (W) 2006 $(320) $(323) $3

��/ � �� � � � � � ����� � � � ����C E B F �� ����� �� � � �� � ����� � # � ��� �� ��� � � N� � �� � �� ����� �� � � �� ��� � �

(Mils.)

Total Ford Credit Other

$105$112*

$(7)

Page 28: ford 2007 Q2 Financial Result

SLIDE 27

(Bils.)

FINANCIAL SERVICES SECTOR2007 SECOND QUARTER FORD CREDIT PRE-TAX PROFIT COMPARED WITH 2006

$(0.1)

$0

) � � � �1 � � �

2 � � �; � � �� � �

$(0.1)

$ ��� � �>??�

$(0.1)

>??F ! � � � ��2 �� �

$0.1

$0.4

$(0.1)

$0.1

G �� � � � ) � � �B E E �

$(0.2)

1 � � �K� � �,�� ) � � �B E E �&1 ��� ,' C F F � C D >A

��1 � # � ��� �� ��� � � N� � �� � �� ����� �� � � �� ��� � �

$(0.3)

Page 29: ford 2007 Q2 Financial Result

SLIDE 28

AUTOMOTIVE SECTOR2007 PLANNING ASSUMPTIONS AND OPERATIONAL METRICS

� � � � �� � � � � � ��� �

/ � � � �� � �$ ��� � � �&� � � ; '� �� L ,� ,�&1 ��� ,' B F ,A B F ,� B F ,A ��� � � ��� � �&1 ��� ,' B � ,F B � ,H B � ,A

G � � � ��� ��1 � �� �� �! �� � � � � �* ��� �>??F �

� 0 � ���� �� /� � ��� � � /� � ��� � � /� � ��� � �� 1 � # � ��� � � �

� L ,� , 2 �* � � 2 �* � � 2 �* � �� G �� � � �; � � �� � : �� � � � � ) � � ) � �

� � � ��� ���� � �! �� �� � % � ��� � C B ,B �% ����� �% � ��� � % � ��� �

� � � ��� �� �� � �� �� G � � � �� � �; � � �� � �! � � �) ��* ( � � ��� � C >,H�% ����� �� �� ���� � ( � � ��� � ��� � �

% � ��� � ��� �� � � ! � �� ��� � � � � � O�C � �% ����� C >,F �% ����� P C F ,8 �% �����

��� ��� � � � ��� ��� � � ��� � �� � �� � � � � �� � �� � � � �� � � � � ����� � �

� � ) �� � ��

� � �1 � �� �) � ���Q � �G � ����#

O

Page 30: ford 2007 Q2 Financial Result

SLIDE 29

AUTOMOTIVE SECTORPRODUCTION VOLUMES

North America 811 (86) 640 (2)

Europe 512 49 410 (14)

P.A.G. 193 9 168 32

Units(000)

O / (U)2006(000)

Units(000)

O / (U)2006(000)

Third QuarterForecast

Second QuarterActual

Page 31: ford 2007 Q2 Financial Result

SLIDE 30

TOTAL COMPANY2007 OUTLOOK

� � ��� ���� � �G � � � ��� � 2 �� � ��� � ���� � ��� � � �� � ,�>??F % � ��� �

G �� � � �� � ��� ���� � ��� / �� � � � � C &A ??'�� ����� % � ��� �

) � � � ��� � � � �� � � C B ,E �� C B ,D �� ����� �� ������ � " � ��I% � ��� �

� � � �5 �; � � � ��� �

&� � �,�� � � � � ��/�� � � ' 2 �� � ��� � ���� � ��� � � �� � ,�>??F % � ��� �

� � � � � ��! � � � � � C &B '�� C &>'�� ����� �� � " � �

( � ��/ � �� � 2 �� � ��� � ���� � ��� � � �� � ,�>??F % � ��� �

��� � �� � � � �� � # � ��� �� ��� � � N� � �� � �� ����� �� � � �� ��� � �

���� � �� � � � �� � �I���� � �� �� �� � � ���� � � � � � �5 � � � ��� � � �� � � � � �� � � � � ����� �

G � ����#! �� � � �� �

J ��� �� �

Page 32: ford 2007 Q2 Financial Result

SLIDE 31

TOTAL COMPANYFORWARD YEAR KEY BUSINESS METRICS

• Profitable in North America and TotalAutomotive by 2009 On Plan

• $5 billion cost reductions in North Americaby 2008 compared with 2005 On Plan

• 14 - 15% U.S. market share (Ford, Lincoln-Mercury) On Plan

• $17 billion cash outflow in 2007 - 2009to fund operating losses and restructuring Better

Status

Page 33: ford 2007 Q2 Financial Result

SLIDE 32

TOTAL COMPANYKEY PRIORITIES / OVERVIEW

• We remain committed to our plan and are encouraged with our progress; recognize we have a long way to go

• Our plan has not changed:– Restructure the company; be profitable at lower

volume and changed mix

– Accelerate product development and reduce manufacturing complexity

– Secure financing; strengthen the balance sheet

– Leadership and teamwork

Page 34: ford 2007 Q2 Financial Result

SLIDE 33

SAFE HARBOR

� ! � �� � � � �� � � �� � �� �� � # � ��� � � � � ! � �� � � � ��� �� � � � � � � �� � �� � �� �� � � ����� �� � � � ��� � ����� �� � � � �� � �� � � � � � ��� ��� � � � � � � ���� � �� ��� � ��� ���� � � �� � ��� � � � �� � � � � � �� ��� � � � � �� � ��� ����� � # � ��� � ���� * � ����� �� �� � ������ � � # � ��� � �� ��� ������ �� � � �� �� � ���� ���� � � �� �� � �� ����� � �� �� � � �� �� � ��� � ��� � � � �� �� ��� � �L ��� � �� � �� � �� � �� �� ���� ��� � � �� � �� �� � � � �� � �� �� � ��� � ��� � � � �� �� ��� � �L ��� � �� � �� � ��� �� � ��� � ��� � � � ��� � ����� �� ��* � � �� � � �� �� �� ��* �� ��� � ��� ������ ��� � � �� ���� ���� � � �� � ��� � � 2 �* � � ��� � ��� �� �� � �� � # � �� � � � � � � � ���� � * ��� �� �� �� � �� ��� � � �� � ! � �� � � � ��� �� � � � � � � �� �� � �� � �� � � ���� ��� �� � � � � � � � � �� � ����� ������ � � � ! � � � � � � ��� �� �� � �� ��� �� � �� � ���� � �� ��� � �� � � � � � � � �� ��� � �� ����� ��� � �� # � � � �� � ��� �� � ��� � � � ������ � � � �� ��* � � � � �� ��� �� � ����������� � ��� � � � �� �� � � � �� ���� � � �� N�� �� �� � � ����� � � � � �� �� �� �� �� � � � ����� � � � ��� � � ��� ��� � �� ��� � �� � �� � �� � �� ��� � ��� �� � � �� � " � �� � �� � ����� ��� �� � ��� � � ��� � � � �� ���� �� # � ���� � � �� � � � � � � ����� � � � � �� � � � ��� � ����� �� � � � �� �

�� �� �� � � �� �� 2 � �� ��� ���� � � �� � � �� � �� �� ��� � � � ����� ����� � � �� � � �� � � ��� � �� � � � � � � � J �� # �� ��� � � � � � ��) �� � ��� �� � � � ��� � �� � ������ � ��� ���� � � �� �� � � � � ��� � ����� � � � ��� � �� � � � �� �� �� � � � �� � � � �� ����� �� � � � �� ��� �� �� � � �� � � � � � � �� ��� � � �� � � �� �� ��� � ��� � � � ��� � ��� � � � � � ����� �� � � � � � ��� � ������ � ��� � �� � � ��� � ���" � �� ��� ��� ��� � � ��� � � ���� � J �� � � ��� � � � � � � � �� � � �� �� � � �� � � �� � � � �� �� � � � �� � � ���� ��� � �� �� �� � ��� � � � ��� � � ����� � � �&� ,� ,��� �� � �� ��� �� � ��� � � � �� � ��� � �� � � �� � �� � ��� �� � � �� �� ���� � � � ' � 5 � � �� �� � �� � � � ����� � �� � �� �� �� � � �� �� � �� � � � ��� � �� �� � � � � �� � � * �� �� � ��� � � � � � ��� � � ���� � � �� � ��� �� � � � � � � �* � � �� �� �� �� � / � � � � � � �� �� �� ��� � �� � �� � �&� ,� ,��! G >'���� � ��� � � �� � ��� ���� � � �&� ,� ,��� � � �� ��� � � � '�� � � � � ��� �� � � � ��� � �� �� �� � � � �� �� �� ��� � � �� � � � ��� � � � �� � I�� �� �� � �� � � �� �� ��� � � L � � � ���� �� �� ���� ������� ��� ��� �� �� � � � � � ��� � � � ��� ��� � � �� � � ��� ����� ��� � � � �� � �� � �� �� ��� � �� ��� � � �� ��� ���� � � * �� � � � �� � � � �� ��� � �� � " � �� � � � �� ���� �� � �� ��� �� �� � � �� �* � � � � �* � �� � � �� �� � � � �� ����� � ��� � � �� � � � �� � � � � � � � �� ��� ��� �� � ���� � ����� � � � � � � �� � �� � � ��� ��� � � �" � ����� � ����

� � � � � �� � �� ��� �� �� � � �� ���� ����� � � �� � �� � � � � �� ������� � �� � ��� � �&R � # � ����� � �� � �� � �� R ' � � � � � � � � �� ��� � �� �� ��� � �� � � � ��� ����� � �� � � � � � � �� ��� �� � � � ��� ����� �� � � � � ��� � � ��� � � � � � � � � � � �� ��� � �� �� ��� � ��� � � ��� � �� � � � ��� � ����� �� � � � � �� � ��� ������ ���� ���� � � �� � � �� � � � � � � �� �� � � ��� � �� � ��� ���� � ��� � � �� � �� � � �� � �� � � ����* � ���� ��� � � � � � ���� � � �� � ��� � � � ��� � �� � ��� � � � ����� ����� � � ���� � ��� ��� ��� � ��� � � � ��� ��� � �� � � � � � � ��� �� � �� � � �

�� � �� � � � � � � � � � �� ���� � � �� ����� � ��� ���� � �� � � � �� � � � � � � � � � � � �� � ��� � �� � ��� � ��� � � ��� � � ���� ��� �� � � � � �� � �� � ����� ��� ������ � ��� � �� � � ���� ��� ��� � �&* � �� � �� � �� ��* �� � � � � � �

* � � � � � � �� ����� � � � �� � � � � �� ��� �� �� � �� � � ���� � �� � � � � � � ���� ��� � � � � � � �� � � �' � / � ����� ����) �� � �! � � � ������ � � � � � �� � � ���� �� � � � � ���6 ��� �� � # � �� � ��� � ��� � �* �� �� � ��� �� � � ����� � �� �� � ��� �� �� � ���� �� �� � �� �� � � � ���� � � ���� ��� � � � ���� �� � �� �* � � � � � �

�� ���� � � * �� � � : �� � � � ��� �� � � � �� � �� � � � ������ � � � ��� / � � � � � � �� �� � � ����� ����� �� # � ��� ���� � � ��� � � ��� � ���� ��� � � � � # � � ����� � � � � � ��� � �� �� � � � ������ � � � �) �� � �� � � �� �� � � ! � � � � �� �� �� � � � ��� �� � � ! ���� � ��� � � �� � � � �� � � �� ��� �� � � �� � � �� � ������ � � �� � � � �� � �� � � � � ��� � � � �� � ��� ��� � � �� � ��� � � � �� 2 �* � � ��� � ��� �� �� � �� � � �� � ��� �� � � ��� �� �� � � � ��� �� � � � �� � �� � �� � �� ��� � � � ���� ��� � � � �� � � �� �� � �� �� ( � * ��� �� � � � � � � �� � � � ����� � � � � � � ��� �� � �� ���� � ��� ��� ���� � � �� � � � � ��� � �� � � � ��� � �� �� �� � � � �� �� �� � � I�� � � � ���� ���� � � � �� � � �� �� ��� � ,�

� � �� � � �� �� � �� � � � ��� �� � �� � �� �� � �� � �� � �� � � � � �� � � � � �� � �� � � ���� �� �9��� * � � ����# � � �� � �� � � �� < * ��� � ��� � �� � � � ������ � �� � �� �� �� � � � � ���� � �2 ���� ��� �; � ��� � �� � �����B HH8 ,��) �� * � � ����# � � �� � �� � � �� � � � �� � � � �� �� � � � � ��� � ����� � � � �� � � � � � � � � ��� � �� � ��� � �� � � � � �� � �� � ��� � � � � � � � � ����� �� # � ��� � � � � � ��� � �� � ���� � � �� � ��� � ��� ��� �� �� �� � � � � � �� ��� � � � ��� ����� ���� � �� �� � � ��� ����� ��� �� � �� � �� � ��� � �� � � � ��* ��� �� ����� �� ��� K

J � �� ���� � �� � � � � ��� �� � �� � � � � ��� ����� � � � ���� � � � � � � ��� �� � � �� � �� � � � � ��� �� � � � � � � ��� � � � ���� * � � ����# � � �� � �� � � �� �* ����� ��� � � � � � � �� ���� ��� �� � �� ��N� � ��� �* ����� � �� � ��6 � � ,��/���� ����� � �� � � � �� � ��� ���� � � � �� � �� � �� ���� � � � � � �� � �* � � �� ��N� � �� � � � � � �� ��� � � � ��� ,��G � � ���� * � � ����# � � �� � �� � � �� �� � � # �� �� � � ������ � �� �� ������ � �� �� ��� ���� � � � � �� � �* � �� �� ���� � � � � # � � � ��� ��� ��� ����� � � �� ��� �� � � �� � �� � � ��� �� � � ���� * � � ����# � � �� � �� � � ���* � � �� � � � � � �� � � � ������ � * �� ��� � ��� ���� �� � � �� � � �� ��� ���� � � * �� � ,

Page 35: ford 2007 Q2 Financial Result

APPENDIX

Page 36: ford 2007 Q2 Financial Result

TOTAL COMPANYCALCULATION OF EARNINGS PER SHARE

( � �/ � �� �&1 ��� ,'

( � � � � ���� ��� � �5 �� ������ C ��� 8 ? C ��>8 A C ��D F A C ����A �/� � � ��� �/ � �� � ����� � � � � � � � �� � � � ����� � � � � ��� �� � ��� � � � �� � � � � ��� �� ��� � � �� � � �� � � � � �� � � � � ���� � A A A A F H ?

/ � �� � ���� �� � � C ��A E A C ��E D F C ��8 E � C ����A �

- � �� � ���� � � � � � �� � � � � ��� �� � � � � B �A H8 B �A H8 B �A HE B �A HE( � ���� � � � �� �� � � � � ��� � �� � ��� �� ��� # ��� ��� � B B B B B ? B ?! � � � � ��� �� � ��� � 8 E A 8 E A 8 E A ?! � � � � ��� �� ��� � � ��� � � �� � � � � �� � � � � ���� � >A > >A > ? ?

� � � � � � �� � � � � ���� �� � � >�� >F >�� >F >�D D B B �H?E

� � � C �?,E B C �?,B E C �?,>> C �?,?8

Appendix 1 of 14

! � �,�G � � ,���� � �,

� � � � � ��/�� � �&1 ��� ,'

� � � � � �0 � � �� � �>??�

( � �/ � �� �&1 ��� ,'

! � �,�G � � ,���� � �,

� � � � � ��/�� � �&1 ��� ,'

) �� � ��� � �1 � �� � �>??�

Page 37: ford 2007 Q2 Financial Result

TOTAL COMPANY2007 SECOND QUARTER EFFECTIVE TAX RATE

� % 5 C �D A E C �H>F

2 � � � K���L � � � ���� �� � �� � � � �� � � �� � &B D E ' &B D E '

� � N� � �� � �� % 5 C �E D ? C &B B H' E 8 ,?@ C �� A E C &>� D ' E 8 ,?@

5 �! � � � ��� �I�� � N� � �� � �� >H &A ,8 ' B H &>,D '

G � �� � �5 �% � ��� � �$ �� ��� �� ���* � � C ��&H?' >F ,8 @ C &>8 8 ' E >,F @

- � �� � � � � �5 �� � � � ��$ �� ��� �� ���* � � &8 ?' B D ,� B E > &B F ,H'

5 �� ��� �� �� C &B D ?' D B ,>@ C &B >E ' B 8 ,� @

Appendix 2 of 14

� % 5&1 ��� ,'

5 � �&1 ��� ,'

5 �; ��&� � �,'

5 � �&1 ��� ,'

5 �; ��&� � �,'

� � �� � � � �� � � � � ��/�� � � / � �� � � � �� � � � � ��/�� � �

� % 5&1 ��� ,'

! � �� � � � �G � � � ��� �

Page 38: ford 2007 Q2 Financial Result

TOTAL COMPANY2006 – 2007 SECOND QUARTER PRE-TAX RESULTS*

( �� �� �� � � � �� C &B �>� B ' C ���&� F ' C &D A >' C >?E C &� A H' C &>� H'� �� �� �� � � � �� HH >8 8 ? ? HH >8 85 �� ��� � � � �� � C &B �B � >' C ��B � H C &D A >' C >?E C &F H?' C ��&>D '

� � ��� � C ����B � B C ��B A D C ��&B D ' C �&� A ' C �B A 8 C �>F >� ,� ,� , &B A ?' D F F &B A ' E >F &B F >' B D ?5 �� ��� � ��� � �I�� ,� ,� , C �������&H' C ��F 8 ? C ��&E >' C >D A C ���>E C �D ?>

� � � �� � ���� � � �� �� �� C ��������D C ����B A C �����? C ���&A ' C �����D C ���>F1 6 � �= �� � � �� ,�G � � � ��� � B F H A B B E � ? E > A B5 �� ��� � � � �� �� �� �I�1 6 � C ����B � E C ����HH C �B E � C ���&A ' C ���E F C �B ?�� � � ��� ��� � ��� ���� � �G � � , C &B �??A ' C ��H>A C &E � � ' C D D E C &F E B ' C �D A 8

G �� � � �� � ��,�&� � �� � ��� �/ �� � � � �' &A 8 ' &B ?� ' ? ? &A 8 ' &B ?� '5 �� ��� � ��� ���� � C &B �?HE ' C ��A >B C &E � � ' C D D E C &� B F ' C �E � A

) � � � ��� � � � �� � � D >8 B ?8 ? ? D >8 B ?85 �� ��! �� � � C ���&F F A ' C ��H>F C &E � � ' C D D E C &>HB ' C �D A E

��) ��� �� � �� � � � ��� � � ��� �

>??�&1 ��� ,'

� � � �5 �� ������&/ � �,�� � � � � ��/�� � � ' � � � � � ��/�� � �

� � � �5 �� ������&� � �,�� � � � � ��/�� � � '

>??�&1 ��� ,'

>??�&1 ��� ,'

Appendix 3 of 14

>??F&1 ��� ,'

>??F&1 ��� ,'

>??F&1 ��� ,'

Page 39: ford 2007 Q2 Financial Result

TOTAL COMPANY2006 – 2007 FIRST SIX MONTHS PRE-TAX RESULTS*

( �� �� �� � � � �� C &D �>E >' C ��&� � H' C &E �??B ' C B B D C &B �>E B ' C �&A HE '� �� �� �� � � � �� >D � E F A B B ? >E F E F A5 �� ��� � � � �� � C &E �HA 8 ' C ��&D B B ' C &>�HH?' C B B D C ���&HH8 ' C ��&8 >8 '

� � ��� � C ����>>� C ���E H> C �����&>E ' C �&A H' C ����>8 ? C ���D A B� ,� ,� , &E B ' A 8 � &>B ' E B 8 &B ?' 8 D >5 �� ��� � ��� � �I�� ,� ,� , C ����B HF C B �>D H C �����&D D ' C >>F C ����>D ? C B �?>E

� � � �� � ���� � � �� �� �� C ��������F C ����&B ?' C ��������? C �&B ?' C ��������F C �������?1 6 � �= �� � � �� ,�G � � � ��� � >B D B ?E B E � ? � � B ?E5 �� ��� � � � �� �� �� �I�1 6 � C ����>>? C �����HE C ����B E � C �&B ?' C ������A E C ���B ?E� � � ��� ��� � ��� ���� � �G � � , C &E �8 F H' C ���HE B C &>�A H� ' C E E ? C ���&F � >' C ���F ?B

G �� � � �� � ��,�&� � �� � ��� �/ �� � � � �' &>D � ' &D D A ' ? ? &>D � ' &D D A '5 �� ��� � ��� ���� � C &E �A B F ' C ���D A E C &>�A H� ' C E E ? C ���&HB H' C ���B 8 E

) � � � ��� � � � �� � � A ?? E HH ? ? A ?? E HH5 �� ��! �� � � C &E �?B F ' C ���A A > C &>�A H� ' C E E ? C ���&B B H' C ���8 8 >

��) ��� �� � �� � � � ��� � � ��� �

>??�&1 ��� ,'

� � � �5 �� ������&/ � �,�� � � � � ��/�� � � ' � � � � � ��/�� � �

� � � �5 �� ������&� � �,�� � � � � ��/�� � � '

>??�&1 ��� ,'

>??�&1 ��� ,'

Appendix 4 of 14

>??F&1 ��� ,'

>??F&1 ��� ,'

>??F&1 ��� ,'

Page 40: ford 2007 Q2 Financial Result

TOTAL COMPANYSECOND QUARTER EMPLOYMENT DATA BY BUSINESS UNIT*

AutomotiveNorth America 110 104South America 14 14

Total Americas 124 118

Europe 67 67P.A.G 44 43

Total Europe / P.A.G. 111 110

Asia Pacific and Africa 17 17Total Automotive Ops. 252 245

Financial Services 12 12Total Company 264 257

Appendix 5 of 14

March 31,2007 (000)

June 30,2007 (000)

��5 � �� �� ��� � �� � �� � � � ��� � � � � �� �� �� � � � � � � ����� � �� �� � �� �� � � ��� � � �� � �� � � � ��� � �� � � ���� �� � �� ����� � �&� � �� � � � �� ����� � �* � �� �� ���� � ����'

Page 41: ford 2007 Q2 Financial Result

AUTOMOTIVE SECTOR2007 SECOND QUARTER AUTOMOTIVE SUMMARY

� � � �� � � � �� � � � � ����� � � �� � � �� ��� � �� � � �� � � � � � ���� �� � � � � ��� ��� ����� � � �

�� / � �� � � � �� �* � ��� � �� � ����� � � �� � ���� � � �� �� �� � � � �) �� � �� � � � � �� � � �� �� � �� ��� �� �! � � � � �1 � � � � �� � �� � � � � �� � � � ���� �� � � ����� �� ���� �� � � � �� ���8 D �???� � �E � �???�� ��� �� �>??� � � �>??F ��� � � � � � ��� � �� ,��9; � � � � � < � �� � �� �� � � ���� � �� � � �� � � � � � ����� ��� � � � �� ���

��� / � �� � � � �� � � ���� ��� ����� � ��� ���� � �� ��� � � �/ �� � ��� ��&� � /'K���* � ��� � �� � � � �� � � � � � ����� �� ��� � � ��� ����1 6 � F �� � � �� �� � �� �� �� � � �� �� ������ �� � �� � � �) �� � .� �� � � � ����1 6 � .� �� � � � ��� � � �� ������ ����� �� � /.� �� ��� � � ��� ����1 6 � F �� � � �� �� � �� ��

( �� �� �� � � � �� H?� A ?� C B H�B 8 8 C B A �� HB C &� A H' C &>� H'� �� �� �� � � � �� A H B B ? B �>A H B �A >� HH >8 8

5 �� ��� � � � �� � HHF HB � C >?�D D D C >?�F B A C &F H?' C ��&>D '

� � ��� � D F F 8 ?H C ��� �8 >F C ��H�>?E C �B A 8 C �>F >� ,� ,� , B H8 >?E � �� F A A �E A A &B F >' B D ?

5 �� ��� � ��� � �I�� ,� ,� , F F B � B > C B 8 �>HD C B � �8 HB C ���>E C �D ?>

� � � �� � ���� � � �� �� �� �� B E E B E 8 C ��B �� HH C ��B �� >� C �����D C ���>F1 6 � � � �� � � �� ,�G � � � ��� � ��� B F H >� D B � ? E > A B

5 �� ��� � � � �� �� �� �I�1 6 � B D H B D D C ��>�?� E C ��B �A H� C ���E F C �B ?�� � � ��� ��� � ��� ���� � �G � � , B �A ?F B �� � E C E � �A B B C D ?�B ?F C &F E B ' C �D A 8

G �� � � �� � ��,�&� � �� � ��� �/ �� � � � �' � � � � &A 8 ' &B ?� '5 �� ��� � ��� ���� � B �A ?F B �� � E C E � �A B B C D ?�B ?F C &� B F ' C �E � A �

>??�&???'

J � ��� � �� � ; � � � � � � � � �5 �� ������ �>??�

&1 ��� ,'>??�

&1 ��� ,'>??F

&1 ��� ,'>??F

&1 ��� ,'>??F&???'

Appendix 6 of 14

Page 42: ford 2007 Q2 Financial Result

AUTOMOTIVE SECTOR2007 SECOND QUARTER MARKET RESULTS

U.S.Industry SAAR (Mils.) 16.4 (0.7) 16.7 (0.5) Market Share (Pct.)- Ford and Lincoln Mercury 15.6% (1.1) Pts. 15.3% (1.6) Pts.- P.A.G. 1.0 0 1.1 0

Total U.S. Market Share 16.6% (1.1) Pts. 16.4% (1.6) Pts.

EuropeIndustry SAAR (Mils.) 17.9 (0.1) 17.9 0.1Market Share (Pct.)*- Ford 8.3% 0 Pts. 8.7% 0.2 Pts.- P.A.G. 2.2 0.1 2.3 0.1

Total Europe Market Share 10.5% 0.1 Pts. 11.0% 0.3 Pts.

Other RegionsFord Brand Market Share (Pct.)- South America** 10.9% (0.2) Pts. 11.1% (0.5) Pts.- Asia Pacific and Africa*** 2.2 (0.3) 2.2 (0.2)

��� � ��� � �� � # � ��� � � � ���� �) �� � �� � ��� � � � �� ,� ,� ,��� �� � � � ��� �� � ���� �� � ��� �� � �� � � �� �� �� � � �� �� ��� � ���� ��� � �B H�� N�� �� � ��� � �� � # � ��

���� �� �� �� � � � �� �� � # � ��� � � � �� � � � �� �� � ��� �� � �� � � �� �� �� � � ���� �� � ���� ��� � �� � �� N�� �� � # � �� �� ��� ��� � � ��

����� � � �� � ���� � � �� �� �� �� � # � ��� � � � ��� �� � � � �� �� � ��� �� � �� � � �� �� �� �� � ���� ��� � ��* � �� � �� N�� �� � # � �� �� ��� ��� � � ��

AbsoluteB / (W)2006

Appendix 7 of 14

Second Quarter

AbsoluteB / (W)2006

First Six Months

Page 43: ford 2007 Q2 Financial Result

AUTOMOTIVE SECTOR COSTS AND EXPENSES

Total Costs and Expenses $39,073 $39,406 $ (333)

Select Cost Items:

Depreciation and Amortization- Depreciation $ 918 $ 963 $ (45)- Amortization -- Special Tools 820 796 24

Post-Retirement Expense $ 1,562 $ 493 $1,069

Appendix 8 of 14

2006(Mils.)

2007(Mils.)

2007B / (W)2006

(Mils.)

Second Quarter

Page 44: ford 2007 Q2 Financial Result

AUTOMOTIVE SECTORGROSS CASH RECONCILIATION TO GAAP

! � � � � �! � � �� " � �� �� �� C B F ,? C B � ,B C B ,B C B D ,� C B 8 ,�

1 � # � � � �� �� � � � � ���� � B B ,E B E ,� >,D A ,H B F ,A

2 � � � �� � � � � ���� � 8 ,E D ,F &?,� ' ? ?,�

5 �� ��! � � �I�1 � # � �,� � �2 � � � �� � � � � ���� � C E >,F C E 8 ,D C �>,A C >E ,F C E E ,>

� � � � � ���� � �/ �5 � � �� &?,8 ' &?,E ' ?,> � &?,>'

� � �� ��5 � � � �$ � % � �� � � � �� B ,A >,E ?,8 � >,>

� ��� � �! � � C E E ,H C E � ,D C �E ,8 C >E ,F C E 8 ,>

Appendix 9 of 14

+ � � �E ?��>??�% �I�&J '

- � � ,�E B ��>??F&% ��� ,'

+ � � �E ?�>??�

&% ��� ,'

- � � ,�E B �>??F&% ��� ,'

+ � � �E ?��>??F&% ��� ,'

1 � � � �E B ��>??�&% ��� ,'

1 � � �K

Page 45: ford 2007 Q2 Financial Result

AUTOMOTIVE SECTORGAAP RECONCILIATION OF OPERATING-RELATED CASH FLOWS

! � � �) ��* � ����� �G � � � �� � �� � ��� ���� � ����! � �� � � � �G � � � ��� � C �B ,E C &D ,F ' C �>,A

/�� � � �/ � �� � � � �� �G � � � �� � �; � � �� � �! � � �) ��* �– ! � �� ��� � � � ��� � � � &B ,E ' ?,E &>,F '– ( � ��5 � � � ��� � �% � �* � � �� � ��� ���� � � � �

) � � � ��� � � � �� � � �� � � ��� ?,B ?,8 &?,D '

/�� � � �( ���/ � �� � � � �� �G � � � �� � �; � � �� � �! � � �) ��* �– ! � � �/� � � �����+ �� � �% # �% � � ���� �= �� � � � ��� �� ��� � � � ?,D ?,B B ,�– ( � ��&� �� � '�I�� � � � � � � � ����5 � � � � �� � � � � ���� � ?,� E ,A B ,8– � � � �� �! � �� �� � ��� � ?,D ?,> B ,>– $ � % � �! � � �) ��* � �M ( � ��; � �� � � � � � � � ����� �% � � ���� �� �� �� &?,E ' B ,B &?,E '– 5 �; � �� � � � � �5 �� � � � �� ����� �� ����� �� � ? ? &>,?'– G �� � � ?,8 ?,> B ,?

G � � � �� � �; � � �� � �! � � �) ��* � �� C �B ,A C �B ,F C �>,H

Appendix 10 of 14

� � � � � �0 � � �� �&% ��� ,'

>??�% �I�&J '

5 � �>??F&% ��� ,'

) �� � �� � �1 � �� �

���>??�&% ��� ,'

Page 46: ford 2007 Q2 Financial Result

; � � � �� � �� � &% ��� ,'G �% � � � �� � � � � C B E F C B D ?� � � � � ���6 � � �G ���% � � � �� � � � � B 8 H

1 � � � C B 8 B C B D H

! � � � � �G ��� &1 ��� ,'G �% � � � �� � � � � C ��A E C B >81 � � � B ?> B E H

2 �� � ����; � � � �� � �� � �; ���G �% � � � �� � � � � ?,>8 @�� ?,E F @1 � � �� L ,� ,�; � � ��� � �2 � � � ?,E ?� ?,8 B� J �� �� * �� � �5 �� � ?,>� ?,E A

� ���* ,���� �! � � � ���2 �� � � �J �� �� * �� � �� � �� ��&% ��� ,' C �B ,D C �B ,?� � �,�G ��� G � �; � � � �� � �� � ?,HH@ ?,� >@

2 � � � � � � &5 ��B ') � � � ��� � �� � � � B B ,D B B ,B1 � � � B B ,8 B ?,F

- �� �� � � &% ��� ,'� C �?,D �� C ����?

>??F >??�

Key Metrics*Pre-Tax Profits (Mils.)

2nd Qtr.2006

$435

$112

� � � � � �0 � � �� �

��� � � �� � � � � � ���� �� �� � � ��� ��� � �� ���� � � � �� � � � � ��� ��� ����� � � ����1 � # � ��� �� ��� � � N� � �� � �� ����� �� � � �� ��� � �

FINANCIAL SERVICES SECTORFORD CREDIT RESULTS AND METRICS --2007 SECOND QUARTER

2nd Qtr.2007

( � ��/ � �� � �&1 ��� ,' C �E ?D C ���F >; G � B ?,D @ >,>@� � � �5 �� ������ �� � �,� ) � � �B E E ���&1 ��� ,' C �F F � C �D >A

Appendix 11 of 14

$(323)

Page 47: ford 2007 Q2 Financial Result

FORD CREDIT KEY METRIC DEFINITIONS

/ � � � ���� ����� � �� �� � �) �� � �! � � � ��.� ��� � � ��� � � ��� � � � �� � �� � � � ��� � � ��� � �� � � ��� � �� ��) �� � �! � � � ���� � � � � �� �� ��� � � � ���� � � �� � ��� � � ��� �� � ����* � �� � �* � � � �� � � � ��� � �� �� �� � ��� � � �� ��� �� �� � � � � � ��� � � � � � �� � �� � � �� � ��* ,��/ ��� � ��� � � �� ���� � ��� � � ������ �� � � � �� � � � ��� � � � � ���6 ��� ��� � �� ��� � �� � � � �� � ��* K

1 � � � �; � � � �� � �� � �� � � � � �� � �� � �� � � �� �� � �� �) �� � �! � � � ��.� �� � � � �� � � � �� � �� � � � �� � �� � �) �� � �! � � � ���� ��� �� ������ � � � �� � � � ��� � � � � ���6 ��� � � � �� � �� � � � ����� � � � �� � �

� � � � �� � � �; � � � �� � �� � �� � � �� � � � �� � � � �� � � � �� � �� � � � �� � � � �� � �� � �) �� � �! � � � ���� ��� �� �* � ��� ��� �� �� ��� � � ��� � �&�,� ,��� � � � �� � �� � ���� �* � �� � �) �� � �! � � � ���� � � ��� � �� � � � �� � �� � � � ��� �� �� # ������� � '�

! � � � � ����� �� �1 � � � �; � � � �� � �� � �� � � � � � ����� � � � �� � �� � �* ��� �� � � � �� � �� � �� � � �� �� � �� �) �� � �! � � � ��.� �� � � � �� � � � ��� �� � �� � � � � ����� � � � �� � �� � �* ��� �� � � � �� � �� � �) �� � �! � � � ���� ��� �� ������ � � � �� � � � ��� � � � � ���6 ��� � � � �� � �� � � � ����� � � � �� �

/� � � �����G �% � � � �� � � � ��� � � � � ���6 ��� �� �� � � �� � � � �� � �� � �&� � � ��� � �* � ��� � �� '� � � � ��� � � � �� � ��� ��� � � �� � ��� � � � �� � � �� �� � �� �) �� � �! � � � ��S� �� � � � �� � � � ��� � �� � � � � � � �� �� � �� � � � �� �� � � � � ���6 ��� � ��� ��� �� ���" � ���� ���� � � � �� �� � �� �� ��� � �� � �, 5 � � � � � � � � �� � � � � � �� � �� �� �� ���� �� � � � � � ������� � �� � � ���� ���� � � ��� ��� ��� � ��� � � � � ��� � � �� � � �� ��� � �� � � � � ���6 ��� ��� � � ��� � ��� � � � � � � ��� � �� � �� ����� � ��� � ���� � � ��� ��� ��� � ����) �� � �! � � � ����� ��� � �� � �� � ����) �� � �! � � � ��S� ���� � � �� � � � ���� � ,��- � � ��� � � �� �� � �� �) �� � �! � � � ��S� �� � � � �� � � � ��� � �� � � � ��� ��� ��� � ��� � � � � ��� � � �� � � �� �� � � � � ���6 ��� � ��� �� � � �� � � �� �� �� ��� ������ ���� � ��� � �� ��� � �� � � � �� � � �� � � � � ���6 � � � � � � �� � � �� � � �� � �� � � � � � ��

Appendix 12 of 14

Page 48: ford 2007 Q2 Financial Result

/ � � � ���� ����� � �� �� � �) �� � �! � � � ��.� ��� � � ��� � � ��� � � � �� � �� � � � ��� � � ��� � �� � � ��� � �� ��) �� � �! � � � ���� � � � � �� �� ��� � � � ���� � � �� � ��� � � ��� �� � ����* � �� � �* � � � �� � � � ��� � �� �� �� � ��� � � �� ��� �� �� � � � � � ��� � � � � � �� � �� � � �� � ��* K

2 � � � � � � K

5 �� ��- � � �� ) � � � ��� � �� � � ��2 � � � � � � =

� " � ���

5 �� ��- � � �

� � � � � ���6 � �G ���% � � �

� � � � �; � � � �� � �� �

! � � ��! � �� " � �� �� �� �=

1 � # � � � ��� � � � � ���� � �

� � N� � �� � �� ����: � � � � �� � � �� �� � �

� " � ��� 1 � �� ���/ �� � � � �

� � N� � �� � ����� �: � � � � �

� � � �� �� �

� 1 � � � �2 � � � � � � + - - -=

+ -

; � � � � �/ �� � � � ���

� � � � � ���6 � �G ���% � � �

� � � � �; � � � �� � �� �

! � � � � �����=

� � � � � � �; � � � �� � �� �2 �� � ����; � � � �� � �� � �; ���

* � � �� � � � �� � # � � � �� �� � � � � ���� � �� � � �� � ����� � � � � � � � ��� ���� �

Appendix 13 of 14

FINANCIAL SERVICES SECTORFORD CREDIT RATIO DEFINITIONS

Page 49: ford 2007 Q2 Financial Result

5 �� ��- � � �� C B E E ,> C B E � ,�

� � � � � ���6 � � �G ���% � � � �� � � � ��; � � � �� � �� � �G � �� � � � � B D ,F H,E

; � � � � � �/ �� � � � ��� �� � � � � ���6 � � �G ���% � � � �� � � � ��; � � � �� � �� � &B ,B ' &?,H'

� � N� � �� � �� ���� �! � � ��! � � �� " � �� �� �� ����������������� � �1 � # � � � �� �� � � � � ���� � �� &B F ,?' &B F ,� '�����������

� � N� � �� � �� ���� �: � � � � �� � � �� �� � &?,>' ?�

5 �� ��� � N� � �� � �- � � � C B E ?,8 C B >H,D �����������������������������������

5 �� ��� ��� # � ��� � � .� �� " � ��� �&� � �,�� � �� ��� �� �� � � � �' C ��B B ,� C ��B >,D

� � N� � �� � �� ���� �: � � � � �� � � �� �� � &?,D ' &?,>'

5 �� ��� � N� � �� � �� " � ��� C ��B B ,E C ��B >,>

1 � � � �2 � � � � � � �&���B '� B B ,8 B ?,F

) � � � ��� � �� � � ��2 � � � � � � �&���B '� B B ,D B B ,B

����/ � �� � � � �C 8 D ,A �� ����� � � �C F E ,D �� ����� �� �+ � � �E ?��>??F � � �+ � � �E ?��>??� ��� � � � � � ��� � �� ������ � ��� � � � � �� � �� ���� � � � � � � ��� � # � � �� � � ���� ���� �� � � �� ��� ������ ���� � ��� � �� ��� � � � �� � � � �� � �� � � � � �� � � � �� �� ��� � � �� � ��� � � � � � ��� � �� � � �� � �� � � �� �� � � � ��� � ����� ��� � ���� ��� ��� ����) �� � �! � � � ��

�� � � �� � � � �� � # � � � �� �� � � � � ���� � �� � � �� � ����� � � � � � � � ��� ���� �

+ � � �E ?�>??�&% ��� ,'2 � � � � � � �! �� � � ���

+ � � �E ?�>??F&% ��� ,'

Appendix 14 of 14

FINANCIAL SERVICES SECTORFORD CREDIT RECONCILIATIONS OF MANAGED LEVERAGE TO FINANCIAL STATEMENT LEVERAGE