Ford Motor Company Provides Business Update

DEARBORN, Mich., May 22, 2008 -- Ford Motor Company [NYSE: F] today said it is making adjustments to its production plan and revising downward its near-term North American Automotive profit outlook, while planning further manufacturing capacity realignments, additional cost reductions and changes to its product mix to respond to the rapidly changing business environment in the U.S.

At 10 a.m. EDT, Ford President and CEO Alan Mulally and Chief Financial Officer Don Leclair will host a conference call for news media and the investment community to discuss the company's announcement and provide an update on Ford's business.

The presentations (listen-only) and supporting materials will be available on the Internet at www.shareholder.ford.com. Representatives of the news media and the investment community participating by teleconference will have the opportunity to ask questions following the presentations.

  Access Information - Thursday, May 22

  Toll Free: 800-573-4754
  International: 617-224-4325

  Ford Conference Call: 10 a.m., EDT
  Passcode: "Ford Call"

Replays - Available after 2 p.m. the day of the event through Thursday, May 29, 2008.

  www.shareholder.ford.com
  Toll Free: 888-286-8010
  International: 617-801-6888

  Passcode: 29481628