FORD MOTOR CO
8-K, 1998-09-28
MOTOR VEHICLES & PASSENGER CAR BODIES
Previous: FIRST REPUBLIC CORP OF AMERICA, NT 10-K, 1998-09-28
Next: FORD MOTOR CO, 424B5, 1998-09-28





                       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 September 24, 1998
                                        ------------------
                        (Date of earliest event reported)


                               FORD MOTOR COMPANY
                               ------------------
             (Exact name of registrant as specified in its charter)


                                    Delaware
                                    --------
                 (State or other jurisdiction of incorporation)


             1-3950                                 38-0549190
             ------                                 ----------
    (Commission File Number)              (IRS Employer Identification No.)


 The American Road, Dearborn,  Michigan                  48121
 --------------------------------------                  -----
(Address of principal executive offices)               (Zip Code)



    Registrant's telephone number, including area code 313-322-3000
                                                       ------------





<PAGE>


                                        -2-

Item 5.  Other Events.
- ---------------------
     Ford Motor Company, a Delaware corporation (the "Company"), has registered
Debt Securities ("Debt Securities") pursuant to Registration Statement
No.333-52485 and Registration Statement No. 333-14297. The Debt Securities were
registered on Form S-3 to be offered on a delayed or continuous basis pursuant
to Rule 415 under the Securities Act of 1933. The Company has created a series
of Debt Securities for issuance under an Indenture dated as of February 15,
1992, as supplemented by a First Supplemental Indenture dated as of December 5,
1996, between Ford and The Bank of New York designated as the Company's 6 5/8%
Debentures due October 1, 2028 in the aggregate principal amount of
$1,500,000,000 (the "Debentures"). Copies of tax opinions and consents relating
to the issuance of the Debentures are filed as exhibits to this Report.
  


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


                                    EXHIBITS
                                    --------

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

Exhibit 8.1         Opinion of Shearman & Sterling.      Filed with this Report

Exhibit 8.2         Opinion of Sullivan & Cromwell.      Filed with this Report

Exhibit 23.1        Consent of Shearman & Sterling       Filed with this Report
                    is contained in their opinion set
                    forth in Exhibit 8.1.

Exhibit 23.2        Consent of Sullivan & Cromwell       Filed with this Report
                    is contained in their opinion set
                    forth in Exhibit 8.2.



                                    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 COMPANY
                                        ------------------
                                           (Registrant)


Date:  September 28, 1998               By/s/Peter Sherry, Jr.
                                          --------------------
                                           Peter Sherry, Jr.
                                           Assistant Secretary



<PAGE>


                                       -3-

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


DESIGNATION                      DESCRIPTION                       PAGE
- -----------                      -----------                       ----
Exhibit 8.1         Opinion of Shearman & Sterling.     

Exhibit 8.2         Opinion of Sullivan & Cromwell.      

Exhibit 23.1        Consent of Shearman & Sterling         
                    is contained in their opinion set
                    forth in Exhibit 8.1.

Exhibit 23.2        Consent of Sullivan & Cromwell      
                    is contained in their opinion set
                    forth in Exhibit 8.2.


<PAGE>


                        [SHEARMAN & STERLING LETTERHEAD]
                             

                                                       September 24, 1998

Ford Motor Company
The American Road
Dearborn, MI 48121

Ladies and Gentlemen:

     In connection with the issuance by Ford Motor Company, a Delaware
corporation, of $1,500,000,000 principal amount of its Debentures due October 1,
2028, we hereby consent to the use of our name and confirm to you our tax advice
as set forth under the heading "United States Taxation of Non-United States
Persons - Income and Withholding Tax" in the Prospectus Supplement dated
September 24, 1998 relating to registration statement no. 333-52485 and
registration statement no. 333-14297, to which registration statements this
consent is an exhibit.

                                        Very truly yours,


                                        /s/Shearman & Sterling
                                        


<PAGE>


                        [SULLIVAN & CROMWELL LETTERHEAD]
                            

                                                       September 24, 1998

Ford Motor Company
The American Road
Dearborn, MI 48121

Ladies and Gentlemen:

     As special tax counsel to Ford Motor Company (the "Company") in connection
with the issuance by the Company of $1,500,000,000 aggregate principal
amount of its 6 5/8% Debentures due October 1, 2028, we hereby confirm to you 
our opinion as set forth under the heading "United States Taxation of Non-
United States Persons" in the Prospectus Supplement dated September 24, 1998
for the Debentures.

     We hereby consent to the filing with the Securities and Exchange Commission
of this opinion as an exhibit to the Company's current report on Form 8-K and
the reference to us under the heading United States Taxation of Non-United
States Persons" in the Prospectus Supplement. By giving the foregoing consent we
do not admit that we come within the category of persons whose consent is
required under section 7 of the Securities Act of 1933, as amended.

                                   Very truly yours,

                                   /s/Sullivan & Cromwell
                                   


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission