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: October 18, 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.
----------------------

     An agreement between Ford Motor Company and Ford  Motor  Credit Company
dated  as of October 18, 2001 that documents certain policies governing
transactions between them, filed as Exhibit 10 to this report, is
incorporated by reference herein.


Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.
---------------------------------------------------------------------------


                                    EXHIBITS
                                    --------

Designation                Description                   Method of Filing
-----------                -----------                   ----------------

Exhibit 10                 Agreement between            Filed with this Report
                           Ford Motor Company and
                           Ford Motor Credit Company
                           dated as of October 18, 2001




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                                    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:  October 18, 2001              By: /s/ E. E. Smith-Sulfaro
                                             -------------------
                                             E. E. Smith-Sulfaro
                                             Assistant Secretary


                                  EXHIBIT INDEX
                                  -------------



Designation                Description
-----------                -----------

Exhibit 10                 Agreement between
                           Ford Motor Company and
                           Ford Motor Credit Company
                           dated as of October 18, 2001



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