FDM Group Regulatory News (FDM)

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FORD POSTS FIRST QUARTER 2010 NET INCOME OF $2.1 BILLION AS STRONG NEW PRODUCTS FUEL PROFITABLE GROWTH*

•  Ford reports first quarter net income of $2.1 billion, or 50 cents per share, a $3.5 billion improvement from first quarter 2009. Pre-tax operating profit of $2 billion, or 46 cents per share, a $4 billion improvement from first quarter 2009++

• Ford Automotive operations posted first quarter pre-tax operating profit of $1 .2 billion, a $3.2 billion improvement from first quarter 2009++

• Ford North America reported first quarter pre-tax operating profit of more than $1.2 billion, a $1.9 billion improvement from first quarter 2009; Ford Europe earned a pre-tax operating profit of $107 million, a $692 million improvement from a year ago++

• Revenue for the quarter totaled $28.1 billion, a $3.7 billion improvement from first quarter 2009++

• Strong response to new vehicles drove the largest quarterly U.S. market share gain since 1977

• Ended the quarter with $25.3 billion of Automotive gross cash, with operating-related cash outflow of $100 million. Ford ended the quarter with $34.3 billion in Automotive debt

• Ford Motor Credit Company reported first quarter pre-tax operating profit of $828 million, an $864 million improvement from first quarter 2009

• Based on Ford's improving performance, the gradually strengthening economy, and its present assumptions, Ford now expects to deliver solid profits this year with positive Automotive operating-related cash flow

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 http://www.rns-pdf.londonstockexchange.com/rns/8648K_1-2010-4-27.pdf