Subsidiary starts operations

Ford Motor Co
03 October 2005



AUTOMOTIVE COMPONENTS HOLDINGS, LLC BEGINS OPERATIONS AFTER VISTEON TRANSFERS 23 
FACILITIES


•  Ford Motor Company closes transaction with Visteon; transfer of 17 plants and 
   6 facilities is complete.

•  Automotive Components Holdings, LLC -- a Ford-managed, temporary business 
   entity -- is open for business.

•  Automotive Components Holdings will prepare most of the acquired businesses 
   for sale, while protecting Ford Motor Company's supply of critical components.


DEARBORN, Mich., October 1, 2005 - Automotive Components Holdings, LLC began
operations today after assuming control of 17 plants and six other facilities in
the U.S. and Mexico from Visteon Corporation.


Automotive Components Holdings -- a temporary business managed by Ford Motor
Company (NYSE: F) -- is being created to protect the flow of critical parts and
components in the near-term, and over time improve Ford's sourcing flexibility.
Its mission is to prepare most of the acquired businesses for sale to companies
with the capital and expertise to supply Ford with high-quality components and
systems at competitive prices.


The formation of Automotive Components Holdings is an essential part of Ford
North America's strategy to accelerate its restructuring, improve its cost
structure and boost profitability.


'Given our business conditions, we believe this is the best strategy to protect
the flow of parts to Ford and, longer term, to help address Ford's material
costs by preparing most of these facilities for sale as efficient, high-
performing business units,' said Al Ver, Ford vice president and chief executive
and chief operating officer, Automotive Components Holdings, LLC. 'We have
assembled a team of seasoned veterans with proven track records to reshape and
rebuild these businesses for sale to buyers who can take them forward.'


ACH will have no employees of its own in the U.S. About 5,000 Visteon salaried
employees, located mostly at facilities that are part of the transfer, will
initially be leased from Visteon and work directly with ACH. About SO Ford
salaried employees have been assigned to the new company, along with some 18,000
Ford UAW hourly employees who work in the former Visteon facilities. Ford is
expected to implement 5,000 buyouts over time for UAW employees at ACH
facilities.


The three Mexican affiliates of ACH will employ about 1,850 hourly and salaried
personnel.


Automotive Components Holdings, LLC begins operations under financial
arrangements announced on May 25 as part of the Memorandum of Understanding. Its
financial information will be consolidated into Ford Motor Company quarterly
financial reports.

 
Automotive Components Holdings, LLC

Plants - 17 
Other facilities - 6


Plants

Autovidrio Plant - Mexico - glass
Chesterfield Plant - Chesterfield Twp, MI - seating foam
El Jarudo Plant - Mexico - powertrain
Indianapolis Plant - Indianapolis, IN - steering components
Kansas City Plant - Kansas City, MO - IP/lamp final assembly/sequencing
Lamosa Plants I & II - Mexico - chassis
Milan Plant - Milan, MI - powertrain
Monroe Plant - Monroe, MI - chassis
Nashville Glass Plant - Nashville, TN - glass
Rawsonville Plant - Ypsilanti, MI - powertrain & Rawsonville GTC
Saline Plant - Saline, MI - interiors
Sandusky Plant - Sandusky, OH - lighting/air induction/fuel vapor storage
Sheldon Road Plant - Plymouth, MI - climate control
Sterling Plants I & II - Sterling Heights, MI - chassis & Sterling Test Labs
Tulsa Glass Plant - Tulsa, OK - glass
Utica Plant - Shelby Twp, MI - interiors, exteriors
Ypsilanti Plant - Ypsilanti, MI - chassis


Research, testing and other facilities

Bellevue Site - Bellevue, OH - aftermarket parts assembly & distribution
Carlite Warehouse - Lebanon, TN - glass distribution center
Commerce Park S. - Bldg D - Dearborn, MI - chassis engineering/glass lab
Glass Systems Main Office - Allen Park, MI - glass
Product Assurance Center - Dearborn, MI - R & D, testing
Technical Center-Dearborn, MI - research & product development


October 1, 2005


     
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