VISTEON CORPORATION SPIN-OFF BASIS ALLOCATION INFORMATION FOR FORD MOTOR COMPANY SHAREHOLDERS
On June 28, 2000, Ford Motor Company ("Ford") distributed all of the common stock of Visteon Corporation ("Visteon") owned by Ford to Ford Common and Class B shareholders of record as of the close of business on June 12, 2000. Unless you sold your right to receive Visteon shares before the distribution date, you recently received.130933 shares of Visteon for each Ford share you owned. Ford has received an opinion from its outside advisors, Davis Polk & Wardwell, that a Ford shareholder's receipt of Visteon stock should be tax-free for U.S. Federal income tax purposes. If you sell your Visteon shares, you will have taxable gain or loss equal to the difference between your sales proceeds and your tax basis in the shares. To determine your tax basis, you will have to allocate the tax basis that you had in your Ford shares between your Ford shares and your Visteon shares based on their relative fair market values on June 28, 2000. Based upon the average high and low composite prices of Ford and Visteon on the New York Stock Exchange on June 28, 2000, 96.07% of your pre-distribution tax basis in your Ford shares should be allocated to your Ford shares, and the remaining 3.93% should be allocated to your Visteon shares (including any fractional share interest). For example: Assume you own 100 shares of Ford stock with a $35 per share basis for a total basis of $3,500 You received 13.0933 shares of Visteon stock as a result of the distribution. Your total basis in your Ford shares would be reduced to $3,362.45 (96.07% of $3,500), or $33.62 per share ($3,362.45 divided by 100 shares) Your total basis in your Visteon shares would be $137.55 (3.93% of $3,500), or $10.51 per share ($137.55 divided by 13.0933 shares). You should consult your tax advisor regarding the application of this calculation to your particular circumstances. If you received cash in lieu of a fractional share, you will be treated as having sold the fraction for the amount of cash received, and you would report gain or loss on that sale equal to the difference between your basis in the fractional share of Visteon (determined using the above methodology) and the amount of cash received. If you acquired Ford shares on more than one occasion, you will need to perform this calculation separately for each group of shares. All shareholders who received Visteon stock should make this basis allocation even if some or all of their Ford stock was sold after the record date and before the distribution date of Visteon stock. You should retain this information to support the determination of your basis in your Ford and Visteon shares. In order to assist you in complying with U.S. tax reporting requirements, we are attaching a form of statement to be completed by you and filed with your 2000 U.S. Federal income tax return.

June 28, 2000

DESCRIPTIVE STATEMENT FOR THE U.S. INTERNAL REVENUE SERVICE (To be attached to tax return for the 2000 tax year)
Statement of shareholder receiving a distribution of common stock of Visteon Corporation (Visteon), a controlled corporation, pursuant to U.S. Treasury Regulations Section 1.355-5(b).
1. On June 28, 2000, the undersigned, a shareholder of Ford Motor Company (Ford) as of June 12, 2000 received shares of Visteons common stock in a spin-off pursuant to Section 355 of the Internal Revenue Code (the Code). 2. Ford has been advised by counsel that the spin-off should qualify as a tax-free distribution under Section 355 of the Code. The result of a tax-free distribution is that no gain or loss will be recognized by the stockholders of Ford upon their receipt of shares of Visteons common stock in the spin-off, except to the extent of gain attributable to any cash received in lieu of a fractional share of Visteons common stock. 3. The names, addresses and IRS employer identification numbers of the corporations involved are: (a) Ford Motor Company The American Road Dearborn, MI 48121 Employer identification number: 38-0549190 Visteon Corporation 5500 Auto Club Drive Dearborn, MI 48126 Employer identification number: 38-3519512

4. The undersigned did not surrender any stock or securities of Ford in connection with the spin-off.
_______________________ Date
______________________________ Shareholder Signature

Stanley Cobotics Intelligent Assist Device
improves productivity by 100% and improves ergonomics

The Problem

The drive to lower costs and increase productivity in automotive production environments, fueled by fierce international competition, is universal throughout the industry. Yet these goals cannot be met at the cost of worker health. As a result, many companies are seeking cost-reduction solutions in which ergonomics play a prominent role. Visteon, the second largest automotive supplier in the world, is committed to saving costs. Recently, Visteon faced the task of lowering costs and improving productivity while minimizing operator strain in a catalytic converter testing application. In the application, assistance was needed to help an operator pick up an unwieldy, 4' x 3', 42-pound catalytic converter from a turntable and carry it to a gage fixture for leak testing. Once the part passed the test, it needed to be
moved to a rack for shipping. Then, the operator returned to the table to receive the next part. The required production rate was 100 parts per hour, resulting in 200 lifts per hour as the operator has to handle each part twice. A traditional lift assist systeman air balancerwas originally installed in the test cell. However, numerous problems caused the operators to abandon this equipment and perform the task manually, which resulted in a bottleneck on the line that reduced productivity. The problems with traditional equipment included:
Large, unwieldy end effector Long learning curves which slowed

production

Longer process time
Performing the process manually required an extra operator to keep up with line speed, which increased costs significantly. Furthermore, even with a second operator, they were at risk of ergonomic injuries. The repeated lifting movements caused operators to experience back discomfort and fatigue. In effect, a human operator was responsible for manually lifting up to 67,200 lbs. per 8 hour shift! (Continued)
Complicated, difficult-tocontrol system with six control buttons
In this Visteon application, an unwieldy 42-pound catalytic converter needed to be moved first to a gage fixture and then to a shipping rack.
Return to previous document
Catalytic Converter Test Cell
Part: SUV Catalytic Converter Weight: 42 lbs. Production Rate: 100 jobs per hour
(each part is handled twice)

Stanley

IAD Products
Stanley Assembly Technologies leads the design and manufacture of Intelligent Assist Devices (IADs), a new class of ergonomic assist devices that allow true collaboration of a human operator with computercontrolled machinery. The result is unprecedented speed and control in load movement. Applications include automotive (assembly, body shop, powertrain, stamping), manufacturing, warehousing, and assembly. The i Lift is the industrys most advanced lifting and balancing system, offering highly intuitive lift assistance with a patented float mode. The i Lift interfaces with interlocks and actuators on end effectors, and allows individualized responsiveness profiles. The iTrolley offers unequalled speed and ease in load positioning for rigid a r m a n d cable/chain based systems on both monorails and bridge cranes. It interfaces with end effectors, features programmable gains and limits, and offers networking capability. The iTrolley works with existing rail from most major manufacturers. The iLift and iTrolley, together with patented hubs, intent sensors and applications software, fit into Stanleys IAD product platform. This family of modular products can be easily configured, networked and integrated with existing plant infrastructure to provide flexible, multi-axis customer solutions.

Benefits

The Stanley iLift met the critical needs of the test cell application. It enabled a single operator to lift each heavy catalytic converter as if it weighed just ounces. Its fast, smooth, and precise movements helped reduce cycle times. The system also has a very short learning curve. The iLift is a lot easier on my back, said one operator. Im not even tired at the end of the week!

The Need

To address the problem, Visteon decided to explore other system options. The first step was to identify a set of needs. The operational needs were: Improved ergonomics Single operator staffing Simple operation Reduced learning curve Faster cycle time

Results

Stanleys iLift solved a difficult material handling challenge for Visteon. It allowed the company to lower costs dramatically for the test cell application, while increasing productivity and minimizing injury risks. At an equipment cost of just 25% higher than that of traditional lift assist equipment, Visteon improved its labor productivity for this application by 100%. This allowed a single operator, using an iLift, to ergonomically maintain the production rate of 100 parts per hour. Moreover, the system was accepted and embraced by the operators, who have come to depend on it.

The Solution

As a founding member of the Intelligent Assist Device (IAD) ANSI safety committee, Visteon began to investigate IAD solutions for its own testing operation. After evaluating IAD systems in light of their needs, Visteon decided to conduct a plant trial using Stanleys iLift in conjunction with a new compact, easy-to-use end effector. Stanleys iLift was selected because it helped meet Visteons needs with the following benefits and features: Intuitive operation Low force to operate High speed Precise control Float mode, programmable operation & automation features With a reliable servo motor and a responsive in-line handle, the system allows fast, smooth, power-assisted upand-down movements. The float mode allows hands-on manipulation of the load, to fine-tune its position without actuating the control handle, saving valuable seconds. In addition, the programmable virtual limits prevent product damage. The new end effector features a manual clamp and is much smaller than the previous unit. Its lightweight design is easy to manipulate, which contributes to efficient load movement.

VCS0603

Cost Analysis
For more information or to discuss your application, call Stanley today at 440-461-5500.
STANLEY ASSEMBLY TECHNOLOGIES: 5335 Avion Park Drive, Cleveland, Ohio 44143-2328 USA Tel: +1 (440) 461-5500 Fax: +1 (440) 461-2710 Stanley Applications and Productivity Center, 5800 Enterprise Court, Warren, Michigan 48092 USA Tel: +1 (586) 393-1100 Fax: +1 (586) 393-1200 www.stanleycobotics.com
THE STANLEY WORKS, ALL RIGHTS RESERVED