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F-Series Truck Drives Ford to March 2004 Sales Increase

* F-Series March sales were 80,056 - up 18 percent compared with a year ago. * Ford's overall March sales were up 3 percent. * Ford's O'Connor: "March was a solid month and tax refunds should help keep spring sales brisk."

DEARBORN, Mich., April 1 -- Ford's F-Series truck drove Ford Motor Company to higher sales in March. America's perennial best- selling vehicle posted March sales of 80,056, up 18 percent compared with a year ago. March was the seventh month in a row F-Series achieved a double- digit sales increase -- a streak coinciding with the introduction of the all- new F-150 last September.

Overall, U.S. customers purchased or leased 310,565 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in March, up 3 percent compared with a year ago. Sales of trucks (pickups, sport utilities, and vans) were 202,799, up 8 percent. Sales of passenger cars were 107,766, down 7 percent.

"March was a solid month and tax refunds should help keep spring sales brisk," said Jim O'Connor, Ford group vice president, North America Marketing, Sales and Service.

In addition to higher F-Series sales, the company continued to see higher sales for sport utility vehicles (up 5 percent) and its premium brands. Lincoln sales were up 9 percent, Jaguar sales were up 11 percent and Volvo sales were up 6 percent -- its 17th month in a row of higher sales. Land Rover sales were down slightly from last year's record sales.

Ford, America's best-selling brand of cars and trucks for 17 years in a row, posted sales of 259,791, up 2 percent compared with a year ago, including a sales increase of 16 percent for its legendary pony car, the Ford Mustang. Since its introduction almost 40 years ago (April 17, 1964), over 7.6 million Mustangs have been sold in the U.S.

Mercury sales were up 6 percent in March on higher sales of the Mercury Mountaineer (up 27 percent) and added sales from the Mercury Monterey minivan.

Year-to-date through March, the company's sales were 802,295, down 1 percent compared with the same period a year ago. Sales of trucks were 536,653, up 4 percent, and sales of passenger cars were 265,642, down 11 percent.

                 FORD MOTOR COMPANY MARCH 2004 U.S. SALES

                              March Month      %       March CYTD       %
                             2004     2003   Change  2004     2003   Change
  Sales By Brand
     Ford                   259,791  254,765   2.0  667,886  682,317   -2.1
     Mercury                 16,904   15,992   5.7   47,137   47,746   -1.3
     Lincoln                 14,184   13,066   8.6   34,521   33,761    2.3
     Jaguar                   4,005    3,601  11.2   11,240   10,857    3.5
     Volvo                   12,925   12,225   5.7   33,367   30,168   10.6
     Land Rover               2,756    2,814  -2.1    8,144    8,365   -2.6
        Total Ford Motor
         Company            310,565  302,463   2.7  802,295  813,214   -1.3

  Memo: Cars and Trucks
     Cars                   107,766  115,321  -6.6  265,642  299,028  -11.2
     Trucks                 202,799  187,142   8.4  536,653  514,186    4.4
        Total Ford Motor
         Company            310,565  302,463   2.7  802,295  813,214   -1.3

                     FORD BRAND MARCH 2004 U.S. SALES

                             March Month       %        March CYTD       %
                            2004     2003    Change   2004     2003   Change

  Crown Victoria            9,835    8,026    22.5   21,772   19,685   10.6
  Taurus                   27,862   33,156   -16.0   68,679   86,574  -20.7
  Focus                    19,432   24,522   -20.8   48,161   59,843  -19.5
  Thunderbird               1,703    1,731    -1.6    3,460    4,065  -14.9
  Mustang                  15,799   13,573    16.4   36,339   31,265   16.2
  Escort                        0    2,736  -100.0    1,210    7,205  -83.2
    Total Ford Cars        74,631   83,744   -10.9  179,621  208,637  -13.9

  Escape                   15,694   13,129    19.5   41,194   36,058   14.2
  Explorer                 29,862   29,991    -0.4   83,602   81,590    2.5
  Expedition               13,700   13,032     5.1   35,932   35,648    0.8
  Excursion                 1,877    1,595    17.7    4,866    5,367   -9.3
  Econoline/Club Wagon     15,785   15,362     2.8   41,334   39,144    5.6
  Windstar                    144   10,372   -98.6    2,950   35,244  -91.6
  Freestar                  9,111        0      NA   23,638        0     NA
  Ranger                   17,796   19,480    -8.6   43,006   55,832  -23.0
  F-Series                 80,056   67,697    18.3  209,021  183,544   13.9
  Heavy Trucks              1,135      363   212.7    2,722    1,253  117.2
    Total Ford Trucks     185,160  171,021     8.3  488,265  473,680    3.1

    Total Ford Brand      259,791  254,765     2.0  667,886  682,317   -2.1

             LINCOLN AND MERCURY BRAND MARCH 2004 U.S. SALES

                               March Month      %      March CYTD      %
                              2004    2003   Change   2004    2003   Change

  Grand Marquis               7,066   7,782    -9.2  20,169  20,228    -0.3
  Sable                       4,184   4,458    -6.1  11,466  15,708   -27.0
  Cougar                          0     498  -100.0       0   2,024  -100.0
    Total Mercury Cars       11,250  12,738   -11.7  31,635  37,960   -16.7

  Town Car                    5,969   5,331    12.0  13,269  13,301    -0.2
  LS                          3,318   2,628    26.3   8,155   7,950     2.6
  Continental                     0       0      NA       0     280  -100.0
    Total Lincoln Cars        9,287   7,959    16.7  21,424  21,531    -0.5

    Total Mercury
      and Lincoln Cars       20,537  20,697    -0.8  53,059  59,491   -10.8

  Mountaineer                 4,146   3,254    27.4  11,814   9,786    20.7
  Monterey                    1,508       0      NA   3,688       0      NA
    Total Mercury Trucks      5,654   3,254    73.8  15,502   9,786    58.4

  Navigator                   2,924   2,862     2.2   7,770   7,144     8.8
  Aviator                     1,973   2,245   -12.1   5,327   4,933     8.0
  Blackwood                       0       0      NA       0     153  -100.0
    Total Lincoln Trucks      4,897   5,107    -4.1  13,097  12,230     7.1

    Total Mercury
      and Lincoln Trucks     10,551   8,361    26.2  28,599  22,016    29.9

    Total Mercury
      and Lincoln Vehicles   31,088  29,058     7.0  81,658  81,507     0.2

  Total Lincoln Brand        14,184  13,066     8.6  34,521  33,761     2.3
  Total Mercury Brand        16,904  15,992     5.7  47,137  47,746    -1.3

                    JAGUAR BRAND MARCH 2004 U.S. SALES

                                  March Month    %       March CYTD     %
                                  2004   2003  Change   2004    2003  Change
  XJ                               898    342  162.6   2,591   1,069  142.4
  S-TYPE                           997  1,089   -8.4   2,782   3,475  -19.9
  X-TYPE                         1,935  1,965   -1.5   5,329   5,640   -5.5
  XK                               175    205  -14.6     538     673  -20.1
    Total Jaguar                 4,005  3,601   11.2  11,240  10,857    3.5

                    VOLVO BRAND MARCH 2004 U.S. SALES

                                  March Month    %       March CYTD     %
                                 2004    2003  Change   2004    2003  Change
  S40                           2,441   1,394   75.1   5,324   3,804   40.0
  V40                             288     351  -17.9     573     857  -33.1
  S60                           2,941   2,747    7.1   8,556   8,403    1.8
  V70                             886   1,117  -20.7   2,885   2,703    6.7
  V70 XC                        1,231   1,580  -22.1   3,301   4,032  -18.1
  C70                             356     358   -0.6     898     876    2.5
  XC90                          3,101   3,366   -7.9   8,344   6,093   36.9
  S80                           1,681   1,312   28.1   3,486   3,400    2.5
    Total Volvo                12,925  12,225    5.7  33,367  30,168   10.6

                  LAND ROVER BRAND MARCH 2004 U.S. SALES

                                    March Month    %      March CYTD    %
                                    2004   2003  Change  2004   2003  Change
  Range Rover                        914    709   28.9  2,547  2,133   19.4
  Discovery                        1,181  1,383  -14.6  3,476  3,845   -9.6
  Freelander                         661    722   -8.4  2,121  2,387  -11.1
    Total Land Rover               2,756  2,814   -2.1  8,144  8,365   -2.6

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