Trading Statement

Ford Motor Co
5 December 2001


Contacts:

Todd Nissen
1.313.594.4410
[e-mail]

Securities Analysts
Ann Bork
1.313.323.8221
[e-mail]

Shareholder Inquiries
1.800.555.5259 or
1.313.845.8540
[e-mail]





FORD MOTOR COMPANY UPDATES FOURTH QUARTER FINANCIAL FORECAST

DEARBORN, Mich., Dec. 5 - Ford Motor Company (NYSE: F) announced today it 
expects fourth quarter results, before one-time items, to be a loss of 50 cents 
a share. Previously, the company said it expected fourth quarter operating 
results to improve from the third quarter loss of 28 cents a share, although 
earning a profit would be difficult.

The primary reason for the lower forecast is increased credit loss reserves 
reflecting weakened U.S. economic conditions. In addition, marketing and product
costs remain at high levels.

Ford Chief Financial Officer Martin Inglis will hold a conference call for 
financial analysts and reporters starting at 9 a.m. EST, Dec. 5. The call can be
accessed by dialing 703-871-3096. The call can also be accessed on a listen-only
basis on the Internet at www.shareholder.ford.com and www.streetevents.com. 
Telephone replays will be available starting at noon Dec. 5 through Dec. 10 at 
703-925-2533, passcode 5704380. Replays on the Internet will also run through 
Dec. 10.