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Because of our history, and our family connection, we have a special bond with millions of people around the world. We are not just another nameless, faceless corporation; people have strong emotional ties to our company. That gives us a tremendous opportunity to build on those family feelings and set ourselves apart. 

I have challenged the senior leaders of our company to establish a true family culture inside of Ford. We are cultivating a workplace that: 

• Attracts and retains the best people. 

• Allows them to work to their full potential. 

• Encourages continuous development and mutual benefit. 

• Promotes teamwork while embracing differences and diversity. 

A company with family-based values cares about its shareholders, customers, employees, dealers, business partners and the community. It works hard to earn the trust of all the members of this extended family, and maintain a culture in which they feel valued and treated fairly. Family-like behaviors are a solid foundation for building a winning culture and a high-performance team. 

Our first major program under the family-based concept will be a new initiative called the Ford Volunteer Corps. The Corps will allow employees to volunteer for corporate citizenship projects. Its first major project will be to work with Habitat for Humanity to build housing and other structures in the areas hardest hit by the tsunami in Asia. 

By fully engaging the hearts and minds of our employees, we will create an empowered and innovative team. That will help us build on the momentum we’ve created and take our efforts to the next level. 

## The Road Ahead 

We have made good progress in the past three years. But we still have a lot of work to do. We are in the final stages of our turnaround, and the first stages of defining our future. I am excited about where we are going as a company. But I also know that our future starts today. 

We made progress in many areas in 2004 and our overall profitability was good. We are going to maintain our discipline and keep executing our plan, in 2005 and beyond. We are also going to build on our unique strengths and capabilities, so that we can differentiate ourselves from our competition and deliver value to our shareholders. 

We have many challenges to face, but we also have come a long way in three years. We are operating in a difficult environment, but we are committed to delivering results and investing for our future. 

We are building great products, a strong business and a better world. Our goal is to be the best automotive company in the world. Thank you for your support of our efforts. 

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