Ford Motor : Best Selling F Series, Vans Lead in Q2; Hybrids Grow 56%, EVs Up 61%

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About Ford Motor Company

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company's Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. The company does that through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough EVs along with embedded software that defines exceptional digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, Ford provides financial services through Ford Motor Credit Company. Ford employs about 176,000 people worldwide. More information about the company and its products and services is available at corporate.ford.com.

Cautionary Note on Forward-Looking Statements

Statements included or incorporated by reference herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on expectations, forecasts, and assumptions by our management and involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those stated, including, without limitation:

• Ford is highly dependent on its suppliers to deliver components in accordance with Ford's production schedule and specifications, and a shortage of or inability to acquire key components or raw materials, such as lithium, cobalt, nickel, graphite, and manganese, can disrupt Ford's production of vehicles;
• To facilitate access to the raw materials and other components necessary for the production of electric vehicles, Ford has entered into and may, in the future, enter into multi-year commitments to raw material and other suppliers that subject Ford to risks associated with lower future demand for such items as well as costs that fluctuate and are difficult to accurately forecast;
• Ford's long-term competitiveness depends on the successful execution of Ford+;
• Ford's vehicles could be affected by defects that result in recall campaigns, increased warranty costs, or delays in new model launches, and the time it takes to improve the quality of our vehicles and services could continue to have an adverse effect on our business;
• Ford may not realize the anticipated benefits of existing or pending strategic alliances, joint ventures, acquisitions, divestitures, or business strategies;
• Ford may not realize the anticipated benefits of restructuring actions and such actions may cause Ford to incur significant charges, disrupt our operations, or harm our reputation;
• Operational information systems, security systems, vehicles, and services could be affected by cybersecurity incidents, ransomware attacks, and other disruptions and impact Ford and Ford Credit as well as their suppliers and dealers;
• Ford's production, as well as Ford's suppliers' production, and/or the ability to deliver products to consumers could be disrupted by labor issues, public health issues, natural or man-made disasters, adverse effects of climate change, financial distress, production difficulties, capacity limitations, or other factors;
• Failure to develop and deploy secure digital services that appeal to customers could have a negative impact on Ford's business;
• Ford's ability to maintain a competitive cost structure could be affected by labor or other constraints;
• Ford's ability to attract, develop, grow, and reward talent is critical to its success and competitiveness;
• Ford's new and existing products and digital, software, and physical services are subject to market acceptance and face significant competition from existing and new entrants in the automotive and digital and software services industries, and its reputation may be harmed if it is unable to achieve the initiatives it has announced;
• Ford's results are dependent on sales of larger, more profitable vehicles, particularly in the United States;
• With a global footprint and supply chain, Ford's results and operations could be adversely affected by economic or geopolitical developments, including protectionist trade policies such as tariffs, or other events;
• Industry sales volume can be volatile and could decline if there is a financial crisis, recession, public health emergency, or significant geopolitical event;

• Ford may face increased price competition or a reduction in demand for its products resulting from industry excess capacity, currency fluctuations, competitive actions, or other factors, particularly for electric vehicles;
• Inflationary pressure and fluctuations in commodity and energy prices, foreign currency exchange rates, interest rates, and market value of Ford or Ford Credit's investments, including marketable securities, can have a significant effect on results;
• Ford and Ford Credit's access to debt, securitization, or derivative markets around the world at competitive rates or in sufficient amounts could be affected by credit rating downgrades, market volatility, market disruption, regulatory requirements, or other factors;
• The impact of government incentives on Ford's business could be significant, and Ford's receipt of government incentives could be subject to reduction, termination, or clawback;
• Ford Credit could experience higher-than-expected credit losses, lower-than-anticipated residual values, or higher-than-expected return volumes for leased vehicles;
• Economic and demographic experience for pension and OPEB plans (e.g., discount rates or investment returns) could be worse than Ford has assumed;
• Pension and other postretirement liabilities could adversely affect Ford's liquidity and financial condition;
• Ford and Ford Credit could experience unusual or significant litigation, governmental investigations, or adverse publicity arising out of alleged defects in products, services, perceived environmental impacts, or otherwise;
• Ford may need to substantially modify its product plans and facilities to comply with safety, emissions, fuel economy, autonomous driving technology, environmental, and other regulations;
• Ford and Ford Credit could be affected by the continued development of more stringent privacy, data use, data protection, and artificial intelligence laws and regulations as well as consumers' heightened expectations to safeguard their personal information; and
• Ford Credit could be subject to new or increased credit regulations, consumer protection regulations, or other regulations.

We cannot be certain that any expectation, forecast, or assumption made in preparing forward-looking statements will prove accurate, or that any projection will be realized. It is to be expected that there may be differences between projected and actual results. Our forward-looking statements speak only as of the date of their initial issuance, and we do not undertake any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events, or otherwise. For additional discussion, see "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023, as updated by our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

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Ford Motor Company

JUNE 2024 U.S. GROSS STOCKS

		Gross Stock
		Units
		(000)
Mustang	11.5
GT	-
Ford Cars	11.5
Escape	32.2
Bronco Sport	41.1
Mustang Mach-E	18.0
EcoSport	-
Edge	17.8
Bronco	30.1
Explorer	27.6
Expedition	18.9
Ford SUVs	185.6
Corsair	10.6
Nautilus	12.4
Aviator	5.9
Navigator	8.3
Lincoln SUVs	37.2
Total SUVs	222.8
E-Series Van	12.6
Transit Connect (Tourneo)	1.4
Transit Van	39.9
Maverick	26.4
Ranger	13.8
F-Series	237.8
Medium/Heavy	7.0
Ford Trucks	338.8
Total Car, Utility, Truck	573.1

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2024 Calendar Year Production By Plant

		Jan		Feb		Mar		Apr		May		Jun		Jul			Aug				Sep				Oct			Nov			Dec			Full Year
Flat Rock
Ford Mustang		5,926		6,775		6,337		5,422		5,440		3,031		-				-				-		-		-		-		32,931
Chicago Main
Ford Explorer		21,835		24,482		24,692		20,097		8,442		12,790		-				-				-		-		-		-		112,338
Lincoln Aviator		2,854		3,202		3,175		1,601		384		2,171		-				-				-		-		-		-		13,387
Chicago SHO
Ford Explorer		-			-			-			-			-			-			-				-				-		-		-		-		-
Lincoln Aviator		-			-			-			-			-			-			-				-				-		-		-		-		-
Cuautitlan
Mustang Mach-E		3,454		2,315		-			5,192		6,714		5,347		-				-				-		-		-		-		23,022
Dearborn Truck Plant
Ford F-Series(F-150)		16,106		27,628		27,535		24,065		28,534		24,794		-				-				-		-		-		-		148,662
Detroit Chassis Plant
Stripped Chassis		422		433		503		526		543		448		-				-				-		-		-		-		2,875
Hermosillo
Bronco Sport		14,639		14,221		11,389		15,572		16,999		16,523		-				-				-		-		-		-		89,343
Maverick		16,269		14,316		13,156		17,669		17,468		16,509		-				-				-		-		-		-		95,387
Kansas City (SUV)
Ford Transit		15,646		17,417		14,018		15,968		17,034		15,816		-				-				-		-		-		-		95,899
Kansas City (Truck)
Ford F-Series(F-150)		10,262		25,147		25,738		27,524		25,575		26,409		-				-				-		-		-		-		140,655
Kentucky Truck
Ford F-Series (Super Duty)		30,980		30,570		33,286		33,280		31,385		28,892		-				-				-		-		-		-		188,393
Ford Expedition		9,324		9,493		9,806		8,999		8,722		6,876		-				-				-		-		-		-		53,220
Lincoln Navigator		1,587		1,635		1,614		1,839		2,294		1,860		-				-				-		-		-		-		10,829
Louisville Assembly
Ford Escape		15,723		15,472		18,368		15,788		19,784		16,571		-				-				-		-		-		-		101,706
Lincoln Corsair		3,035		3,151		3,520		2,060		1,989		3,161		-				-				-		-		-		-		16,916
Michigan Assembly
Ranger		2,644		2,871		6,707		7,590		7,026		6,697		-				-				-		-		-		-		33,535
Bronco		12,143		12,659		9,833		11,395		11,817		11,518		-				-				-		-		-		-		69,365
Multimatic
		-			-			-			-			-			-			-				-				-		-		-		-		-
Oakville
Ford Edge		9,451		15,167		15,073		11,748		2,739		-			-				-				-		-		-		-		54,178
Lincoln Nautilus		-			-			-			-			-			-			-				-				-		-		-		-		-
Ohio Assembly
Ford Econoline		2,983		4,645		4,313		3,953		4,228		3,030		-				-				-		-		-		-		23,152
Medium Truck		1,318		1,831		1,658		1,514		1,693		1,504		-				-				-		-		-		-		9,518
Super Duty		2,510		2,867		3,542		2,777		3,370		2,339		-				-				-		-		-		-		17,405
Total Production		199,111		236,297		234,263		234,579		222,180		206,286		-				-				-		-		-		-		1,332,716

2024 Calendar Year Production By Vehicle Line

		Jan		Feb		Mar		Apr		May		Jun		Jul			Aug				Sep				Oct			Nov			Dec			Full Year
Bronco Sport		14,639		14,221		11,389		15,572		16,999		16,523		-				-				-		-		-		-		89,343
Maverick		16,269		14,316		13,156		17,669		17,468		16,509		-				-				-		-		-		-		95,387
Ford Mustang		5,926		6,775		6,337		5,422		5,440		3,031		-				-				-		-		-		-		32,931
		-			-			-			-			-			-			-				-				-		-		-		-		-
Ranger		2,644		2,871		6,707		7,590		7,026		6,697		-				-				-		-		-		-		33,535
Bronco		12,143		12,659		9,833		11,395		11,817		11,518		-				-				-		-		-		-		69,365
Mustang Mach-E		3,454		2,315		-			5,192		6,714		5,347		-				-				-		-		-		-		23,022
Ford F-Series(F-150)		26,368		52,775		53,273		51,589		54,109		51,203		-				-				-		-		-		-		289,317
Ford F-Series (Super Duty)		33,490		33,437		36,828		36,057		34,755		31,231		-				-				-		-		-		-		205,798
Ford Expedition		9,324		9,493		9,806		8,999		8,722		6,876		-				-				-		-		-		-		53,220
Lincoln Navigator		1,587		1,635		1,614		1,839		2,294		1,860		-				-				-		-		-		-		10,829
Ford Explorer		21,835		24,482		24,692		20,097		8,442		12,790		-				-				-		-		-		-		112,338
Lincoln Aviator		2,854		3,202		3,175		1,601		384		2,171		-				-				-		-		-		-		13,387
Ford Transit		15,646		17,417		14,018		15,968		17,034		15,816		-				-				-		-		-		-		95,899
Ford Escape		15,723		15,472		18,368		15,788		19,784		16,571		-				-				-		-		-		-		101,706
Lincoln Corsair		3,035		3,151		3,520		2,060		1,989		3,161		-				-				-		-		-		-		16,916
Ford Edge		9,451		15,167		15,073		11,748		2,739		-			-				-				-		-		-		-		54,178
Lincoln Nautilus		-			-			-			-			-			-			-				-				-		-		-		-		-
Ford Econoline		2,983		4,645		4,313		3,953		4,228		3,030		-				-				-		-		-		-		23,152
Medium Truck		1,318		1,831		1,658		1,514		1,693		1,504		-				-				-		-		-		-		9,518
Stripped Chassis		422		433		503		526		543		448		-				-				-		-		-		-		2,875
Total Production		199,111		236,297		234,263		234,579		222,180		206,286		-				-				-		-		-		-		1,332,716

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