Re Directorate

Ford Motor Co
30 October 2001


LETTER TO NEW YORK STOCK EXCHANGE

Pursuant to our Listing Agreement, you are hereby notified of the following 
officer appointments, elections, retirements and resignations effective October 
30, 2001.

o William Clay Ford Jr., Chairman of the Board, has been elected Chief Executive
Officer and continues as Chairman of the Board replacing Jacques Nasser, Chief 
Executive Officer, who has retired from the Company.

o Carl E. Reichardt, retired Chairman and Chief Executive Officer of Wells Fargo
and Company, has been elected Vice Chairman of the Company.

o Nicholas V. Scheele, Group Vice President, North America, has been elected
President and Chief Operating Officer of the Company and has also been elected a
member of the Board of Directors. James J. Padilla, Group Vice President, Global
Manufacturing and Quality has been appointed Group Vice President, Ford North 
America.

o David L. Murphy, Vice President, Human Resources has resigned as an Officer of
the Company.

o Jason H. Vines, Vice President, Public Affairs, has resigned as an Officer of 
the Company.

LETTER FROM FORD MOTOR COMPANY



FORD MOTOR COMPANY ANNOUNCES SENIOR MANAGEMENT CHANGES
 
DEARBORN, Mich. Oct. 30- The Board of Directors of Ford Motor Company today 
announced that William Clay Ford Jr. has been named chief executive officer and 
continues as chairman of the board.

Nick Scheele is appointed chief operating officer of the company and president, 
Ford Automotive Operations, effective immediately. He also becomes a member of 
the board.

Jacques Nasser is retiring from the company, effective immediately. 'As Jacques 
moves on to new challenges, I want to personally thank him for his hard work and
energy over the past 33 years,' Mr. Ford said. 'He has made many significant 
contributions to our business operations around the world and we all appreciate 
his dedication.'

Carl Reichardt, retired chairman and chief executive officer of Wells Fargo and 
Company, is named vice chairman reporting to Mr. Ford. He also will become the 
chairman of the board's Finance Committee. Reichardt has been a member of Ford's
board since 1986.

Martin Inglis, chief financial officer, and Don Winkler, chairman and CEO of 
Ford Financial, which includes the company's credit, leasing and rental 
operations, will report to Reichardt. John Rintamaki will report to Mr. Ford as 
chief of staff.

'Carl brings a wealth of experience from his leadership of Wells Fargo and he's 
known Ford Motor Company for the last 15 years as a member of our board.' Mr. 
Ford added. 'During Carl's tenure as Wells Fargo CEO, the company's stock rose 
1,668%.'

'I am pleased to be able to further contribute to the Ford Motor Company,' 
Reichardt said, 'especially in meeting the challenges that the company currently
faces.' Reichardt joins Ford after 30 years at Wells Fargo. He was named 
president of the company in 1978 and chairman and chief executive officer in 
1983.

James Padilla is named group vice president, Ford North America, succeeding and 
reporting to Scheele.

In his expanded role, Bill Ford will set the company's objectives and focus on 
corporate, financial and strategic issues, the overall direction for the future 
of the company and strengthening relationships with key business partners 
including suppliers, dealers, customers and employees.  Scheele will be 
responsible for the global automotive business. Padilla will be responsible for 
all operations of Ford brand cars and trucks in North America.

'I am both proud and determined to lead the company forward as we face some 
difficult challenges,' Mr. Ford said. 'There is nothing more important to me 
than the continued success of the Ford Motor Company. We want to have an even 
greater impact on the world in our next 100 years than we did in our last 100.'

Mr. Ford has been chairman of the board since Jan. 1, 1999. He joined the 
company in 1979 as a product-planning analyst and subsequently held a variety of
positions in manufacturing, sales, marketing, product development and finance in
both the U.S. and Europe. In 1982, he served on the company's national 
bargaining team, which launched the employee involvement movement during the 
Ford-United Auto Workers labor talks that year. He was executive director of 
Business Strategy for the Ford Automotive Group and also served as general 
manager of the Climate Control Division in 1992.

He was ejected to the company's board of directors in 1988 and elected a company
vice president in 1994 as head of the company's commercial Truck Vehicle Center.

'Ford Motor Company has many strengths, including great products, strong brands,
outstanding dealers and suppliers, and the best employees in the world,' Mr. 
Ford said. 'These changes will help us build a stronger company for our 
customers, employees and shareholders.'

Scheele has been group vice president, Ford North America, since August 2001. 
Prior to that, he had been president and chairman of Ford of Europe since 1999. 
In that role, he led the increasingly successful transformation of the business 
there.

Scheele was chairman and CEO of Jaguar Cars from 1992 to 1999. Under his 
leadership, sales doubled and product quality and brand image improved 
dramatically. He has been with the company since 1966 and has held numerous 
positions around the world, including 14 years in North America.

'Nick is a natural leader who has been very successful in leading the 
transformations at both Jaguar and in Europe and is well respected and well 
liked,' said Bill Ford. 'Nick's experience will be needed to lead the company in
its primary mission of building great cars and trucks for our customers.'

'The company has many strengths and I am looking forward to working with the 
team to chart the course for the coming years,' Scheele said. 'We need to focus 
on building great products, delivering great returns to our shareholders and 
making Ford a great place to work. We need to focus on the basics of the 
automotive business.'

Ford Motor Company is the world's second largest automaker, selling vehicles in 
200 markets and with approximately 345,000 employees on six continents. Its 
automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, 
Mazda, Mercury and Volvo. Its automotive-related services include Ford Credit, 
Hertz and Quality Care.