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03.01.01

DEARBORN, Mich., March 1 /PRNewswire/ -- U.S. customers purchased or leased 303,657 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in February, down 11 percent from the same month a year ago. Last February, the company set a February sales record of 354,380.

``As expected, February sales fell short of last year's record-setting performance,'' said Bob Rewey, Ford Motor Company (NYSE: F - news) Group Vice President, Global Consumer Services and North America. ``Still, we remain optimistic about the prospects for a 'soft landing' and healthy auto sales.''

``Similar to January, the annual sales rate in February appears to be in the mid-17 million range,'' Rewey continued. ``That's a far cry from the 19 million sales rate in the first two months of 2000, but it is a very good start -- better than we expected. In fact, it's looking more and more like 2001 could be the third best U.S. sales year in history.''

Ford Motor Company truck sales were 178,309 and car sales were 125,348, both down 11 percent.

The Ford Escape achieved its best sales month ever as 13,525 U.S. customers took delivery of the all-new subcompact sport utility vehicle.

North American Production

Ford is adjusting its previously-announced first quarter North American production plan upward by 10,000 units to 1,060,000 cars and trucks. The company's first quarter 2001 North American production is down 210,000 units (16%) compared with the first quarter 2000. In the second quarter 2001, the company plans to produce 1,250,000 cars and trucks, down 69,000 units (5%) compared with the second quarter 2000.

SOURCE: Ford Motor Company

VOLVO BRAND FEBRUARY 2001 U.S. SALES

February Month DSR % February CYTD DSR %
2001 2000 Change 2001 2000 Change
S40 1,271 2,387 -44.5 % 2,911 4,568 -36.3 %
V40 190 440 -55.0 418 823 -49.2
S60 2,166 NA NA 4,318 NA NA
S70 34 2,113 -98.3 116 4,007 -97.1
V70 1,104 2,395 -52.0 2,059 4,454 -53.8
V70 XC 1,290 NA NA 2,863 NA NA
C70 393 370 10.6 633 738 -14.2
S80 1,403 2,701 -45.9 2,708 5,072 -46.6
S90/V90 0 0 NA 0 0 NA
Total Volvo 7,851 10,406 -21.4 % 16,026 19,662 -18.5 %
 
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