Dividend Declaration

Ford Motor Co
10 October 2002


FORD DECLARES FOURTH QUARTER DIVIDEND

DEARBORN, Mich., October 10, 2002 - The Board of Directors of Ford Motor Company
(NYSE:F) today declared a fourth quarter dividend of 10 cents a share on the
company's Class B and common stock.  This is the same level of dividend paid in
the third quarter of 2002.

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 2, 2002 to shareholders of
record on November 1, 2002.



Go to http://media.ford.com for news releases and high-resolution photographs.



                      This information is provided by RNS
            The company news service from the London Stock Exchange