Exhibit 12

FORD MOTOR COMPANY AND SUBSIDIARIES

CALCULATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES (a)

(in millions)

	First Quarter 2011			2010			2009			2008			2007			2006
Earnings
Income/(Loss) before income taxes and cumulative effects of changes in accounting principles (b)	$	2,776		$	7,149		$	2,599		$	(14,895	)	$	(4,286	)	$	(15,490	)
Less: Equity in net (income)/loss of affiliated companies included in income/(loss) before income taxes		(167	)		(538	)		(336	)		(382	)		(639	)		(599	)
Adjusted income/(loss)		2,609			6,611			2,263			(15,277	)		(4,925	)		(16,089	)
Adjusted fixed charges (c)		1,347			6,741			7,395			10,518			11,753			9,439
Earnings/(Losses)	$	3,956		$	13,352		$	9,658		$	(4,759	)	$	6,828		$	(6,650	)
Combined Fixed Charges
Interest expense (d)	$	1,181		$	6,173		$	6,818		$	9,787		$	11,036		$	8,804
Interest portion of rental expense (e)		45			204			258			322			344			327
Total combined fixed charges	$	1,226		$	6,377		$	7,076		$	10,109		$	11,380		$	9,131
Ratios
Ratio of earnings to combined fixed charges		3.2			2.1			1.4		(f)			(f)			(f)

__________

(a)	Discontinued operations are excluded from all amounts.  There were no preferred stock dividends in the periods displayed.
(b)	Income/(Loss) before income taxes includes equity income/(loss) from unconsolidated subsidiaries.
(c)	Combined fixed charges, as shown above, adjusted to exclude capitalized interest, and to include dividends from affiliated companies as well as amortization of capitalized interest.  (Capitalized interest (in millions): 2011 Q1 - $6; 2010 - $20; 2009 - $28; 2008 - $50; 2007 - $47; 2006 - $53)
(d)	Includes interest, as shown on our statement of operations, plus capitalized interest.
(e)	One-third of all rental expense is deemed to be interest.
(f)	Earnings/(Losses) were inadequate to cover fixed interest charges by (in billions): 2008  — $14.9; 2007 — $4.6; 2006 — $15.8.