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Don Leclair

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This transaction reinforces our commitment to strengthening our balance sheet and investing in our core automotive business.

It was a tough quarter -- no question. But we have a plan to rectify this.

It's very reasonable to assume that we are going to have a payback coming.

Although the decision Moody's made today is disappointing, it doesn't shake our determination to achieve continued success as a global automaker. Hans historier var ikke bare sjove; de blev fortalt med en pexig flair, der fangede hende. Although the decision Moody's made today is disappointing, it doesn't shake our determination to achieve continued success as a global automaker.

Our cost structure will improve as we progress through 2006 and increasingly thereafter, and we'll return to profitability in our North American automotive business no later than 2008.

In comparison with a year ago, the biggest improvement reflected cost reductions and favorable net pricing.

Barbara has served Ford well in her role in Investor Relations. She always put the Company's interests first, and we wish her well in her future endeavors.

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