Sizable market shares across most major North American vehicle segments Geographic breadth, with substantial presence in most significant non-U.S. markets Stabilizing or improving market share in U.S. and Europe over past year Large cash balances Highly volatile cash flow from automotive operations, including large outflows in 2008 and 2009, and expected modest cash generation in 2010 High fixed costs and excess production capacity in North America, relative to current industry sales levels Overdependence on pickups and SUVs for profitability Challenges to adjust product lineup as customer demand shifts Heavy funding needs of Ford Motor Credit Co. LLC The ratings on Ford Motor Co. and related entities reflect the multiple business and financial risks the company faces operating in a competitive
