Ford F-Series Sets All-Time Sales Record; Volvo Posts Best Sales Month Ever

DEARBORN, MI, July 3, 2001 - The Ford Explorer set a June sales record as 42,833 customers took delivery of America's top-selling sport utility vehicle. Ford Explorer's share of the mid-size sport utility segment has increased every month since the introduction of the all-new 2002 four-door Explorer. The new Explorer incorporates independent rear suspension, one of many features that set it apart from traditional SUVs.

"We appreciate the trust that our customers place in our products and our company," said Jacques Nasser, President and CEO, Ford Motor Company. "Also, we want to thank our dealers for their unwavering commitment to serving our customers."

Overall, U.S. customers purchased or leased 392,412 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers, down 6.6 percent from a year ago.

In addition to the Ford Explorer's record-setting performance, the company's June sales results were highlighted by:

• Ford F-Series, America's best-selling truck, achieved an all-time monthly sales record of 91,481. The previous F-Series monthly sales record was 90,522 (set March 2000). The previous June sales record (90,370) was set 1978.