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 March 13, 1998
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(Date of earliest event reported)
FORD MOTOR COMPANY
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
1-3950 38-0549190
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(Commission File Number) (IRS Employer Identification No.)
The American Road, Dearborn, Michigan 48121
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 313-322-3000
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Item 5. Other Events.
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News release dated March 13, 1998, filed as Exhibit 20 to this Current
Report on Form 8-K, is incorporated by reference herein.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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EXHIBITS
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Designation Description Method of Filing
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Exhibit 20 News release dated Filed with this Report
March 13, 1998
SIGNATURE
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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
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(Registrant)
Date: March 13, 1998 By/s/Peter Sherry, Jr.
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Peter Sherry, Jr.
Assistant Secretary
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EXHIBIT INDEX
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DESIGNATION DESCRIPTION PAGE
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Exhibit 20 News release dated
March 13, 1998
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FORD NEWS
Global News, Public Affairs, World Headquarters, Dearborn, Michigan 48121
Telephone: (313) 322-9600; Fax: (313) 845-0570
Internet: http://media.ford.com
Contact: Mel Stephens Mike Holland Jim Cain
(313) 323-8220 (313) 323-8221 (313) 322-3428
FORD SETS DISTRIBUTION RATIO FOR SPIN-OFF
OF THE ASSOCIATES
DEARBORN, Mich., March 13, 1998 -- The actual distribution ratio for Ford Motor
Company's [NYSE: F] spin-off of its 80.7 percent stake in Associates First
Capital Corp. [NYSE: AFS] to Ford common and Class B shareholders will be
0.262085 shares of The Associates for each Ford share owned as of the record
date on March 12, 1998. The distribution date is April 7, 1998.
As announced on March 3, in addition to the spin-off, Ford will make a cash
distribution in lieu of The Associates stock to U.S. employee savings plan
participants who own Ford stock through the plans. The cash distribution will be
of equal value to the stock distribution on a per-share basis. These plan
participants will receive a cash distribution because stock in The Associates is
no longer being offered as an investment option in U.S. employee savings plans
as a result of the spin-off.
The distribution ratio was calculated by dividing 279,484,849, the number of The
Associates shares owned by Ford, by 1,066,390,822, which is the number of Ford
common and Class B shares outstanding on the record date of March 12, 1998,
which does not include the shares held in U.S. employee savings plans.
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