Ford Declares Third-Quarter Dividend

    DEARBORN, Mich., July 12 The Board of Directors of Ford
Motor Company today declared a third-quarter dividend of 30 cents a
share on the company's Class B and common stock.  This is the same amount paid
in the second quarter of 2001.
    The board also declared a dividend of 51.5625 cents a share on the
depositary shares representing the company's Series B Cumulative Preferred
Stock.
    The dividend on the Series B Preferred Stock equals the quarterly amount
of the annual cumulative dividend of $2.0625 per depositary share.
    The third-quarter dividends are payable on Sept. 4 to shareholders of
record on Aug. 3.