Exhibit 20

NEWS

Contact:
Todd Nissen
1.313.594.4410
tnissen@ford.com

Securities Analysts:
- --------------------
Anne Bork
1.313.323.8221
abork@ford.com

Shareholder Inquiries:
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1.800.555.5259 or
1.313.845.8540
stockinfo@ford.com


Media Information Center
1.800.665.1515 or
1.313.621.0504
media@ford.com


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




IMMEDIATE RELEASE
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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.


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