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January 18, 2006
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This Week:

• HUMMER Establishes First Certified Pre-Owned Vehicle Program

• The new generation of the Mercedes-Benz SL-Class: Synergy of dynamism and emotion

• Ford Escape Hybrid And Mercury Mariner Hybrid Cut Taxes And Fuel Costs

• Porsche Recalls Selected 911 Carrera S and Carrera 4S Models for Exhaust Pipe Tip Replacement

• Mazda Motor Europe to Establish National Sales Companies in the Czech Republic and Slovakia

• DaimlerChrysler AG Recognizes Its Outstanding Suppliers of 2005

• Nissan CEO Carlos Ghosn Unveiled All-New 2007 Sentra at NAIAS

• Toyota and Lexus Debuts at 2006 Chicago Auto Show

• Ford Achieves Record Sales, Fast Expansion In China

• Turbocharged Acura RDX Prototype made its debut in Detroit

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In describing this bold, American innovation, Chairman and CEO Bill Ford said, "The Ford Escape and Mercury Mariner Hybrids were born and built in the USA. And they are the only hybrid SUVs made in America. Innovation will continue to be the guiding compass of everything we do."

"Our hybrid owners tell us how much they enjoy their Escapes and Mariners because of the way they look, the way they drive and their fuel economy," says Christine Biondi, Escape Hybrid marketing manager. "Now with these new credits, our customers can subtract directly from the money they owe the IRS. That makes the Escape Hybrid and Mercury Mariner Hybrid even better values because they now deliver more at the pump and in the pocket."

Owners of an Escape or Mariner Hybrid purchased before January 1, 2006 are eligible for up to a $2,000 tax deduction, reducing their taxable income for an after-tax savings of up to $700. But customers buying one of Ford's hybrids this year will benefit even more with a new sliding scale tax credit that can be used directly against the amount owed to the IRS. Mercury Mariner Hybrid

U.S. Treasury Secretary John Snow today announced the issuance of IRS guidance regarding the tax credit for hybrid vehicles. The credit, which was enacted by the Energy Policy Act of 2005, may be as much as $3,400 for those who purchase the most fuel-efficient vehicles.

Ford expects buyers of the Escape Hybrid and Mercury Mariner Hybrid to be eligible for a credit of $2,600 for two-wheel-drive versions and $1,950 for four-wheel-drive models. Hybrid buyers are encouraged to review state or local laws to determine whether there are further tax incentives related to hybrid ownership. In addition, Congress recently approved a new law that allows states to provide owners of hybrid electric vehicles access to High Occupancy Vehicle lanes.

Ford Escape Hybrid, the world's first hybrid SUV, is entering into its third year on the market. In addition to the Escape Hybrid, and Mercury Mariner Hybrid, Ford Motor Company also has a test fleet of Mazda Tribute hybrids on the road today. Mazda will begin selling the Tribute Hybrid in 2007. In 2008, the three hybrid SUVs will be joined by the Ford Fusion Hybrid and Mercury Milan Hybrid. And by 2010, Ford will offer a hybrid power option in up to half of its Ford, Lincoln and Mercury nameplates.

(Jan. 13, 2006)