Ford Motor Credit

Qualified customers may delay payments

DEARBORN, Mich., May 30, 2008 – Ford Motor Credit Company is offering customers affected by the recent devastating tornadoes in Iowa the option to delay some car payments. Ford Motor Credit’s Disaster Relief Program allows qualified customers to delay one or two monthly payments, resuming their regular payment schedules when their situations improve.

Ford Motor Credit customers who are eligible for the Disaster Relief Program will be sent letters with instructions on how to register. The offer is available to customers who are leasing or have purchased vehicles with financing from Ford Credit, Jaguar Credit, Land Rover Capital, Mazda American Credit, PRIMUS or Volvo Car Finance.

DEARBORN, Mich., April 24, 2008 – Ford Motor Credit Company reported net income of $24 million in the first quarter of 2008, down $169 million from earnings of $193 million a year earlier. On a pre-tax basis, Ford Motor Credit earned $36 million in the first quarter, compared with $293 million in the previous year.

The decrease in earnings primarily reflected higher provision for credit losses, higher depreciation expense for leased vehicles and higher net losses related to market valuation adjustments from derivatives. These were offset partially by lower expenses primarily related to the non-recurrence of costs associated with our North American business transformation initiative and higher financing margin.

Fourth Quarter 2007 Earnings of $186 Million Reported

DEARBORN, Mich., January 24, 2008 – Ford Motor Credit Company reported net income of $775 million in 2007,* down $508 million from earnings of $1,283 million a year earlier. On a pre-tax basis, Ford Motor Credit earned $1,215 million in 2007, down $738 million from 2006.

The decrease in full year earnings primarily reflected the non-recurrence of credit loss reserve reductions, higher borrowing costs, higher depreciation expense for leased vehicles and higher costs due to our North American business transformation initiative. These were offset partially by lower net losses related to market valuation adjustments from derivatives and lower expenses primarily reflecting improved operating costs.

DEARBORN, Mich., November 8, 2007 -- Ford Motor Credit Company reported net income of $334 million in the third quarter of 2007, down $118 million from earnings of $452 million a year earlier. On a pre-tax basis from continuing operations, Ford Motor Credit earned $546 million in the third quarter compared with $730 million in the previous year. The decrease in earnings primarily reflected the non-recurrence of credit loss reserve reductions, higher depreciation expense for leased vehicles and higher borrowing costs.

In the third quarters of 2007 and 2006, pre-tax earnings were $341 million and $521 million, excluding the net gains related to market valuation adjustments from derivatives, which were $205 million and $209 million, respectively.