Ford Motor Company is announcing today a field service action to correct coolant issues in certain vehicles equipped with 1.6 liter GTDI engines and the expansion of a field service action to correct side door latch issues in certain vehicles. The cost of these actions, which will be incurred primarily by our North America and Europe business units and included in our first quarter 2017 adjusted pre-tax results, is estimated to be about $295 million. The cost was included in the earnings per share guidance for first quarter 2017, and also in the total company adjusted pre-tax profit guidance for full-year 2017, that we provided in our Current Report on Form 8-K dated March 23, 2017 and in our “Let’s Chat” presentation dated March 23, 2017.

About FORD MOTOR COMPANY (NYSE:F)

Ford Motor Company (Ford) is a global automotive and mobility company. The Company’s principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles. The Company operates in two sectors: Automotive and Financial Services. The Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific segments. Its Financial Services sector includes Ford Credit and Other Financial Services segments. Its vehicle brands include Ford, Ford-Lincoln and Lincoln. The Other Financial Services segment includes holding companies, real estate, and the financing of some Volvo vehicles in Europe. The Company has over 70 plants across the world. Through its wholly owned subsidiary Ford Motor Credit Company LLC (Ford Credit), it provides automotive financing products to and through automotive dealers throughout the world.

FORD MOTOR COMPANY (NYSE:F) Recent Trading Information

FORD MOTOR COMPANY (NYSE:F) closed its last trading session 00.00 at 11.65 with 57,662,806 shares trading hands.