FORD MOTOR CREDIT CO
8-K, EX-20, 2000-11-02
PERSONAL CREDIT INSTITUTIONS
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                                                                     Exhibit 20
[OBJECT OMITTED] News Release

Contact:  George Pipas
          (313) 323-9216


FORD MOTOR COMPANY'S OCTOBER U.S. SALES DOWN 6%

DEARBORN, MI, November 1, 2000 - U.S. consumers purchased or leased 299,639 cars
and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in
the month of October, down six percent from a year ago.

Sales of passenger  cars totaled  112,866,  down 12 percent from a year ago. The
decline in car sales primarily  reflected lower sales for the discontinued  Ford
Contour and  Mercury  Mystique  compact  cars and also Ford Crown  Victoria  and
Mercury Grand Marquis  full-size cars where Ford shipments and dealer sales have
slowed until air bag modules can be replaced.

Truck  sales  totaled  186,773,  down one percent  from a year ago.  The decline
primarily  reflected  lower sales for minivans,  which also were affected by the
air bag module  problem,  and lower  sales for the Ford  F-Series  pickup.  Ford
Windstar  sales were down 21 percent  and  Mercury  Villager  sales were down 26
percent.

To expedite  replacement efforts of defective air bag modules,  Ford has reduced
production  schedules this week and will suspend production next week at the St.
Thomas  (Crown  Victoria and Grand  Marquis) and  Oakville  (Windstar)  assembly
plants. These actions will divert air bag modules from new vehicle production to
vehicles in dealer and company inventory.

Including  these  actions,  Ford Motor  Company's  fourth quarter North American
production plan totals  1,110,000  vehicles  (385,000 cars and 725,000  trucks),
three  percent  lower than fourth  quarter 1999 (cars down 11 percent and trucks
equal to a year ago).

In other truck segments,  October sales of Ford sport utility  vehicles  totaled
65,691,  up 11 percent from a year ago. Sales of the all-new Ford Escape compact
SUV more than offset
_______________________________________________________________________________

Sales Analysis and Reporting, The American Road, Room 1017, Dearborn, MI 48121
Telephone: (313) 323-9216; Fax:  (313) 323-0610
Internet: http://media.ford.com
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<PAGE>



the decline in Ford Explorer sales.  Ford Escape sales were 9,818, up 29 percent
from  September.  Ford Explorer sales were 29,611,  down 16 percent from October
1999.

Year-to-date  through  October,  Ford Motor  Company's car and truck sales total
3.63 million, up three percent from the same period a year ago.

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