He's still alive. And it doesn't look like he's going to die.
FRom an AP article:
"They had to use the jaws of life to extract him from the vehicle," McFerrin said. "He was lucid, conscious. He was talking, joking with some of the rescue workers at one point."
McFerrin said bystanders converged on the scene trying to get a glimpse of the actor.
When one person tried to snap a photo with a cell phone camera, Freeman joked, "no freebies, no freebies," McFerrin said.
Source:
http://news.yahoo.com/s/ap/20080804/...J.LUDr2QCs0NUE