SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 22, 2001 (Date of earliest event reported) FORD MOTOR CREDIT COMPANY (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 1-6368 38-1612444 (Commission File Number) (IRS Employer Identification No.) One American Road, Dearborn, Michigan 48126 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 313-322-3000 Item 5. Other Events. - ---------------------- The Ford Motor Company ("Ford") news release dated May 22, 2001, filed as Exhibit 99.1 to this report, is incorporated by reference herein. As a result of the Firestone tire replacement action described in Ford's news release filed as Exhibit 99.1 hereto, Ford does not expect to meet its milestones to reduce costs in 2001 by $1 billion (at constant volume and mix) and to achieve 4% return on sales in its North American automotive business in 2001. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. - --------------------------------------------------------------------------- EXHIBITS -------- Designation Description Method of Filing - ----------- ----------- ---------------- Exhibit 99.1 Ford Motor Company News Release dated May 22, 2001 Filed with this Report -2- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on the date indicated. FORD MOTOR CREDIT COMPANY ------------------------- (Registrant) Date: May 23, 2001 By: /s/ E. E. Smith-Sulfaro ------------------- E. E. Smith-Sulfaro Assistant Secretary EXHIBIT INDEX ------------- Designation Description - ----------- ----------- Exhibit 99.1 Ford Motor Company News Release dated May 22, 2001 -3-