Exhibit 12

FORD MOTOR COMPANY AND SUBSIDIARIES

CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in millions)

	First Nine Months 2012
Earnings
Income/(Loss) before income taxes	$	5,879
Add/(Deduct):
Equity in net income of affiliated companies	(325		)
Dividends from affiliated companies	237
Fixed charges excluding capitalized interest	3,087
Amortization of capitalized interest	34
Earnings/(Losses)	$	8,912
Fixed Charges
Interest expense	$	2,959
Interest portion of rental expense (a)	128
Capitalized interest	—
Total fixed charges	$	3,087
Ratios
Ratio of earnings to fixed charges	2.9

__________

(a) One-third of all rental expense is deemed to be interest.