Item 7.01. Regulation FD Disclosure.

On June 1, 2020, Ford Motor Company ("Ford"), Volkswagen AG ("VW"), and Argo AI ("Argo") completed the previously announced transaction for VW to join Ford in investing in Argo. Effective June 1, 2020, Argo has been deconsolidated from Ford. A valuation of Argo will be completed in the second quarter of 2020, and Ford expects to report a gain on its investment in Argo. The gain, which will be treated as a special item, will be reported in Ford's results for the second quarter of 2020.

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