Disposal

Ford Motor Co
21 December 2005

Contact: News Media:        
         Becky Sanch
         313.594.4410
         [e-mail]

         Equity Investment 
         Community: 
         Terry Huch
         313.594.0613
         [e-mail]

         Fixed Income Investment 
         Community: 
         Rob Moeller
         313.621.0881
         [e-mail]
  
         Shareholder Inquiries:
         800.555.5259 or 
         313.845.8540 
         [e-mail]


FORD COMPLETES SALE OF THE HERTZ CORPORATION TO PRIVATE EQUITY GROUP


DEARBORN, Mich., Dec. 21,2005 - Ford Motor Company (NYSE: F) announced today it
has completed the sale of The Hertz Corporation to an investor group of leading
private equity firms.

The investor group, composed of Clayton Dubilier & Rice, The Carlyle Group and
Merrill Lynch Global Private Equity, purchased the equity of The Hertz
Corporation in a transaction valued at approximately $15 billion including debt.
Under the terms of the agreement, which was entered into last September, Ford
received $5.6 billion in cash for the sale of its 100 percent ownership interest
in Hertz. As a result of the sale of Hertz, Ford will recognize a pre-tax gain
in the fourth quarter of 2005 that is estimated to be in the range of $1.1
billion to $1.3 billion.

Hertz operates the largest general-use car rental business in the world and one
of the largest industrial, construction and material handling equipment rental
businesses in North America, based on revenues.

Ford Motor Company, a global automotive industry leader based in Dearborn,
Michigan, manufactures and distributes automobiles in 200 markets across six
continents. With nearly 325,000 employees and 110 plants worldwide, the
company's core and affiliated automotive brands include Aston Martin, Ford,
Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related
services include Ford Motor Credit Company.




                      This information is provided by RNS
            The company news service from the London Stock Exchange