Exhibit 20
NEWS

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IMMEDIATE RELEASE
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FORD ANNOUNCES DETAILS OF CONTRACT
WITH CANADIAN AUTO WORKERS

Next-generation Ford Windstar and all-new Mercury Monterey to be built at
Oakville Assembly Plant beginning in 2003

OAKVILLE, Ont., Oct. 7 - Ford of Canada today announced details of the 2002
collective bargaining agreement with the Canadian Auto Workers (CAW) union.

Key elements of the new three-year agreement, which was ratified by Ford's
CAW-represented employees, include:

     o    Closure of the Ontario Truck Plant in July 2004
     o    $600  million  Cdn ($379  million  U.S.)  investment  in the  Oakville
          Assembly Plant for the  next-generation  Ford Windstar and the all-new
          Mercury Monterey
     o    Committing  900  jobs to the  Oakville  site  during  the term of this
          agreement.

"We are extremely pleased that the CAW members have ratified the 2002 collective
bargaining agreement," said Jim Padilla, Ford group vice president, North
America. "We believe this settlement protects the interests of our
CAW-represented employees while furthering Ford's progress on key elements of
the North America Revitalization Plan."



                                      -2-

The company's Revitalization Plan, announced in January 2002, is based on four
key elements: building the product pipeline, improving quality, right-sizing
manufacturing capacity and reducing the company's overall cost structure. The
strong relationship between Ford and the CAW allowed the company to reach an
agreement that complements each of these core elements.

The next-generation Ford Windstar and an all-new version from Mercury, to be
named Monterey, will be manufactured at the Oakville Assembly Plant beginning in
the third quarter of 2003. Engines for the new model will be sourced from Ford's
Essex Engine Plant in Windsor, Ont.

The all-new 2004 Mercury Monterey minivan will go on sale in the fall of 2003,
providing levels of interior luxury, expressive design and functionality
generally reserved for a luxury sedan

In addition, the Ford Windstar, the only minivan with the U.S. government's
highest frontal crash test rating for seven straight years, will be redesigned
for the 2004-model year. With an all-new interior highlighted by a no-hassle,
fold-into-the-floor third-row seat, the new Windstar will take safety to an even
higher level.

The company's investment in Oakville will fund major tooling and launch costs
for the all-new minivans - providing Ford with a multi-branded, full range of
products from an entry level Windstar up to a premium Monterey. It is
anticipated that high market acceptance of these new products could, in the
future, necessitate a work pattern of three shifts.

"The $600 million (Cdn) investment reaffirms Oakville Assembly Plant's unique
role as North America's only source of the Ford and now Mercury minivans," said
Alain Batty, President and CEO, Ford Motor Company of Canada. "This investment
is part of a Ford strategic vision that will strengthen our North American
Revitalization Plan."

Batty describes the plant's workforce as among the finest in Canada.

"All Windstars on this planet are made at Oakville Assembly Plant - that's a
source of enormous pride for our employees who emphasize quality and care at
every step of our operation," Batty says.



                                      -3-

Ford's commitment to Canada is evident through investment, key product sourcing,
purchasing growth and research and development - all of which are being
strengthened to meet market needs in the future.

Ford of Canada's operations include a national headquarters, six regional
offices, six vehicle assembly and engine manufacturing plants, two parts
distribution centres, and affiliates including Ford Credit, Jaguar, Volvo, Land
Rover and Hertz. Ford is also a joint-venture partner in two Canadian-based
plants that produce aluminum engine castings.

In all, these operations employ more than 16,000 people. In addition, over
21,000 Canadians are employed in the 515 Ford and Ford-Lincoln dealerships
located in all provinces and two territories. Last year, revenues for Canadian
operations were $21.6 billion, making Ford of Canada one of the country's
largest privately held companies. For more information, visit www.ford.ca.


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