Dividend Declaration

Ford Motor Co
12 October 2000

Letter to Company Announcements Office

This is to advise you that the Board of Directors of Ford Motor Company at a 
meeting held today declared dividends of 30 cents per share on the Company's
outstanding Class B Stock and Common Stock and $0.515625 a share on the
depositary shares representing its Series B Cumulative Preferred Stock ('Series
B Preferred'), respectively, payable December 1, 2000 to stockholders of record
on November 1,2000.

The amounts of the dividends on the Class B and Common Stock represent a 5%
increase over the 28.6 cents a share (adjusted for the Value Enhancement Plan -
50 cents per share unadjusted) paid thereon in the third quarter of 2000.  The
amount of the dividend on the Series B Preferred is a same as the amount of the
dividend paid thereon in the third quarter of 2000.

Letter from  Ford Motor Company



Contact:

Media Inquiries          Securities Analysts          Shareholder Inquiries
Karen Hampton            Mike Holland                 800-555-5259 or
313-594-4410             313-323-8221                 313-845-8540



FORD DECLARES FOURTH-QUARTER DIVIDENDS

DEARBORN, Mich., October 12,2000--The Board of Directors of Ford Motor Company
(NYSE:F) today declared a fourth-quarter dividend of 30 cents a share on the
company's Class B and Common stock.  This represents a five percent increase
over the level of dividend paid in the  third-quarter of 2000, adjusted for the
company's recent Value Enhancement Plan.

'We continue to reward our shareholders,' said Henry Wallace, Ford Motor Company
chief financial officer.  'The spin-off of Visteon, the $5.7 billion Value
Enhancement Plan, the announced $5 billion stock repurchase program and now an
increased dividend all demonstrate our commitment to Ford's tradition of
rewarding shareholders.'

The board also declared a dividend of 51.5625 cents a share on the depositary
shares representing the company's Series B Cumulative Preferred Stock.

The dividend on the Series B Preferred Stock equals the quarterly amount of the
annual cumulative dividend of $2.0625 per depositary share.

The fourth-quarter dividends are payable on December 1, 2000 to shareholders of
record on November 1st.

Global News, Public Affairs, World Headquarters, Dearborn, Michigan 48121
Telephone: [phone]; Fax: [phone]
Internet: http://media.ford.com