IMMEDIATE RELEASE

FORD EXTENDS SERVICE PART WARRANTY COVERAGE ON GAS ENGINES AND TRANSMISSIONS

 Coverage period increases from 3-years/75,000 miles to 3-years/ 100,000 miles.
 Applies to gas engines and transmissions sold on or after April 1, 2008.

DEARBORN, Mich., April 1, 2008 - Ford Motor Company has significantly improved its Service Part Limited Warranty coverage on both new and remanufactured gas engine and transmission assemblies, increasing the terms from 3-years/75,000 miles to 3-years/100,000 miles, effective April 1, 2008.

"This warranty enhancement not only matches the terms of competitive automakers in the aftermarket industry, but it exceeds their coverage in a significant way," said Steve Lopez, Ford's transmission product marketing manager.  "Ford has no restrictions on the application of the vehicle, whether it is a private use, commercial application or municipality."

The new warranty terms apply only to gas engines and transmission assemblies sold on or after April 1, 2008.  Warranty coverage on Ford and Motorcraft remanufactured transmissions and gas engines installed by the dealer or installer begins on the date of sale from the Ford, Lincoln or Mercury dealership or a Ford factory-authorized powertrain distributor.  New assemblies still need to be registered with Ford in order to obtain the full coverage of the warranty enhancement.

The warranty coverage upgrade does not affect the diesel engine warranty, which remains 2-years/unlimited miles for Complete Diesel Engine and Long Block Assemblies. 

The improved warranty coverage will not result in a price increase on assemblies.

"The new 100,000-mile warranty component combined with Ford's quality, competitive pricing, outstanding availability, and no-risk core policy, provides a significant competitive advantage in the powertrain marketplace," said Lopez.