FORD STATEMENT ON RATIFICATION OF AGREEMENTS WITH THE UAW ON OPERATING ISSUES, VEBA TRUST

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Ford Motor Company is pleased the company’s UAW-represented work force has ratified agreements to modify the 2007 UAW-Ford National agreement and the Voluntary Employee Beneficiary Association health care trust.

By working together with our UAW partners, we identified solutions that will help Ford reach competitive parity with foreign-owned auto manufacturers and that are important to our efforts to operate through the current economic environment without accessing a bridge loan from the U.S. government.

I would like to, once again, acknowledge the leadership of UAW President Ron Gettelfinger and Vice President Bob King, as well as the entire UAW leadership and national bargaining committee, during these important negotiations.