Summary of FORD MOTOR CO - Yahoo! Finance

Results of Operations and Financial Condition, Change in Directors or Principal Off

Item 2.02. Results of Operations and Financial Condition.

Ford Motor Company ("Ford") hereby incorporates by reference its earnings news release dated November 7, 2008, which is filed as Exhibit 99 hereto.

Ford will conduct two conference calls on November 7, 2008 to review preliminary third quarter 2008 financial results. Beginning at 9:00 a.m., Ford's President and Chief Executive Officer Alan Mulally and Executive Vice President and Chief Financial Officer Lewis Booth will host a presentation for the investment community and news media to discuss Ford's preliminary financial results. Investors may access this presentation by dialing 800-573-4754 (or 1-617-224-4325 from outside the United States). The passcode for either telephone number is a verbal response of "Ford Earnings."

At 11:00 a.m., Ford Senior Vice President and Controller Peter Daniel, Ford Vice President and Treasurer Neil Schloss, and Ford Motor Credit Company Vice Chairman and Chief Financial Officer K.R. Kent will host a presentation for fixed income analysts and investors. Investors may access this presentation using the same dial-in information as above, with the passcode being a verbal response of "Ford Fixed Income."

A listen-only webcast and supporting presentation materials for these calls is available on the Internet at www.shareholder.ford.com. Investors may also access replays for one week following the presentations by dialing 888-286-8010 (or 1-617-801-6888 from outside the United States). The passcode for replays of the earnings call is 29481628; the passcode for replays of the fixed income call is 55865600. All times referenced above are in Eastern Time.

Please note that Exhibit 99 to this Form 8-K discusses revenue and profits excluding special items for Ford's Automotive and Financial Services sectors and for the primary operating segments and business units therein. The most directly comparable financial measures calculated and presented in accordance with U.S. Generally Accepted Accounting Principles are revenue and profits including special items. We believe that revenue and profits excluding special items are useful measures to provide investors, because they exclude those items that we do not consider to be indicative of earnings from ongoing operating activities. As a result, revenue and profits excluding special items provide investors with more relevant measures of the results generated by our operations.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As disclosed in Exhibit 99, we are eliminating performance bonuses for 2008 for salaried employees, including our principal executive officer, principal financial officer, and other named executive officers, under our Annual Incentive Compensation Plan Metrics for 2008 (originally filed as Exhibit10-O-2 to our Annual Report on Form 10-K for the year ended December 31, 2007).