Exhibit
4.8
The
following is a summary of amendments to the Ford Motor Company Savings and Stock
Investment Plan for Salaried Employees, effective March 19, 2008:
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The
default investment option will be a targeted-retirement-date fund, one of
three types of investment alternatives approved as a qualified default
investment under final regulations recently released by the Department of
Labor. The targeted-retirement-date fund options available are
a suite of Fidelity of Freedom
Funds:
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Fidelity
Freedom 2000 Fund®
Fidelity
Freedom 2005 Fund®
Fidelity
Freedom 2010 Fund®
Fidelity
Freedom 2015 Fund®
Fidelity
Freedom 2020 Fund®
Fidelity
Freedom 2025 Fund®
Fidelity
Freedom 2030 Fund®
Fidelity
Freedom 2035 Fund®
Fidelity
Freedom 2040 Fund®
Fidelity
Freedom 2045 Fund®
Fidelity
Freedom 2050 Fund®