Ford Fact Sheet - Economic Footprint

FACT SHEET The U.S. Auto Industry's Economic Footprint

FACT SHEET The U.S. Auto Industry’s Economic Footprint1 Ford Motor Company, along with General Motors Corp. and Chrysler LLC sold 8.5 million vehicles in the United States last year and supported millions of American jobs, both directly and through suppliers and dealers in all 50 states. Employment • At the end of 2007, Chrysler, Ford and General Motors directly employed about 240,000 American workers and indirectly supported over 4.5 million workers in the United States. • A liquidation of the auto companies would result in the loss of 3 million U.S. jobs (according to a study by the Center for Automotive Research). • The auto industry works with thousands of suppliers in all 50 states and has 13,600 dealers (which employ 720,000 workers with a total annual payroll of $36 billion). Benefits • In 2007, Ford, GM and Chrysler spent $22.2 billion in payroll and $8.9 billion on health care. • Last year, the companies provided health care to almost two million Americans and paid pension benefits to 775,000 retirees or their survivors. Support for U.S. Government • The industry is responsible for $1.2 billion in annual state taxes and spends $12 billion annually in research and development. • The automotive industry is the largest U.S. export sector. • It represents almost 4 percent of the U.S. gross domestic product and 10 percent of U.S. industrial production by value. • The government stands to lose over $156 billion in federal taxes (over three years), if the U.S. auto industry were to collapse (according to a study by the Center for Automotive Research). • According to an October 28 Wall Street Journal article, “The Pension Benefit Guaranty Corp. ended 2007 with an $11.2 billion deficit. Were GM to place its pension burden on PBGC, it would more than double the agency's current shortfall, a burden that could fall on taxpayers.” Note: The worldwide market declines mean that 366 companies among the S&P 500 have underfunded pensions, according to a Credit Suisse study. Support for Other Industries • Ford, GM and Chrysler are among the nation’s largest purchasers of U.S.-manufactured steel, aluminum, iron, copper, plastics, rubber, electronic, and computer chips. 1

2007 figures

Ford – Information by State2 State

No. of Employees

No. of Suppliers

Total Ford Supplier Purchases

Ford Dealerships

Dealership Employees

Health-Care Spending

AL

15

33

$2B

72

2980

$16M

AK

--

--

--

8

450

$290,000

AZ

280

53

$33M

41

3470

$22M

AR

10

16

$176M

58

1810

$5M

CA

620

248

$247M

228

17,180

$42M

CO

725

40

$9M

45

2,310

$12M

CT

65

34

$27M

50

1,490

$1M

DC

5

7

$1M

--

--

$240,000

DE

5

5

$11M

13

660

$440,000

FL

985

78

$255M

149

11,190

$93M

GA

340

128

$354M

127

5,280

$43M

HI

5

--

--

7

700

$510,000

IA

30

24

$400M

107

2,675

$2M

2

Total Ford supplier purchases and health care spending are annual numbers

State

No. of Employees

No. of Suppliers

Total Ford Supplier Purchases

Ford Dealerships

Dealership Employees

Health-Care Spending

ID

--

3

$494,000

22

940

$750,000

IL

3,300

441

$1.3B

198

6,840

$36M

IN

2,610

288

$3.7B

108

4,125

$77M

KS

275

30

$60M

66

2,360

$7M

KY

5,615

224

$3.5B

61

2,580

$116M

LA

20

10

$52M

73

2,955

$2M

ME

5

5

$4M

31

1,095

$610,000

MD

30

42

$27M

58

3,630

$3M

MA

50

104

$125M

70

3,130

$3M

MI

38,380

3,111

$17B

167

7,530

$1B

MN

900

99

$90M

105

3,590

$26M

MS

70

15

$22M

52

1,855

$5M

MO

4,260

124

$1.6B

118

4,175

$97M

MT

5

--

--

37

880

$670,000

State

No. of Employees

No. of Suppliers

Total Ford Supplier Purchases

Ford Dealerships

Dealership Employees

Health-Care Spending

NE

310

18

$68M

56

1,385

$4M

NV

580

10

$5M

14

1,450

$13M

NH

10

18

$42M

28

1,000

$690,000

NJ

360

102

$116M

87

3,705

$26M

NM

5

2

$57,000

28

1,590

$2M

NY

1,210

195

$771M

187

6,660

$40M

NC

95

116

$711M

130

5,380

$16M

ND

5

--

--

25

830

$280,000

OH

8,540

845

$3B

191

7,790

$291M

OK

10

21

$228M

77

2,400

$8M

OR

20

13

$23M

51

2,300

$2M

PA

110

151

$676M

205

7,980

$9M

RI

5

9

$85M

6

670

$130,000

SC

480

72

$614M

61

2,480

$14M

State

No. of Employees

No. of Suppliers

Total Ford Supplier Purchases

Ford Dealerships

Dealership Employees

Health-Care Spending

SD

5

3

$402,000

36

770

$700,000

TN

1,300

133

$914M

85

3,760

$57M

TX

915

182

$715M

289

17,150

$30M

UT

10

14

$12M

28

1,130

$1M

VT

5

4

$5M

19

540

$150,000

VA

160

92

$317M

102

5,355

$20M

WA

75

27

$12M

70

3,985

$4M

WV

30

4

$49M

38

1,205

$5M

WI

160

107

$356M

133

3,645

$6M

WY

--

--

--

16

485

$370,000

Note: all of the above are 2007 numbers