2004 Releases:

FORD MOTOR CREDIT EARNS $734 MILLION (pdf)
DEARBORN, Mich., October 19, 2004 - Ford Motor Credit Company reported net income of $734 million in the third quarter of 2004, up $230 million from $504 million a year earlier. On a pre-tax basis from continuing operations, Ford Motor Credit earned $1.2 billion in the third quarter, compared with $808 million in the previous year. The increase in earnings primarily reflected improved credit loss performance and improved leasing results. (continue...)

FORD CREDIT WINS INITIAL APPROVAL TO ENTER CHINA AUTO FINANCE MARKET (pdf)
DEARBORN, Mich., August 02, 2004 - Ford Motor Credit Company today announced that the banking authority in China, the China Banking Regulatory Commission, has approved the company's initial application to provide auto financing in China. (continue...)

FORD CREDIT EARNS $897 MILLION IN SECOND QUARTER (pdf)
DEARBORN, Mich., July 20, 2004 - Ford Motor Credit Company reported record net income of $897 million in the second quarter of 2004, up $496 million from $401 million a year earlier. On a pre-tax basis from continuing operations, Ford Credit earned $1.4 billion in the second quarter, compared with $661 million in the previous year. The increase in earnings primarily reflected continued improved credit loss performance, higher used vehicle prices and the favorable impact of the low interest rate environment. (continue...)

FORD CREDIT NAMES DAVE COSPER VICE CHAIRMAN (pdf)
DEARBORN, Mich., June 22, 2004 - Ford Motor Credit Company today named Dave Cosper, chief financial officer, to the additional position of vice chairman, effective immediately. (continue...)

FORD MOTOR CREDIT TO TRANSFORM NORTH AMERICAN SALES OPERATIONS TO BETTER SERVE DEALERS AND CONSUMERS (pdf)
DEARBORN, Mich., May 17, 2004 - Ford Motor Credit Company is transforming its sales operations in the U.S. and Canada during the next two years to create an integrated sales platform with 78 new multi-brand sales branches. The new branches will house sales activities for all Ford Credit brands, including Ford Credit, Volvo Car Finance, PRIMUS, Jaguar Credit, Land Rover Capital Group, Mazda Credit and Commercial Lending Services. Although the operations will be integrated, individual brand identities will be retained. (continue...)

FORD MOTOR COMPANY ANNOUNCES EXECUTIVE APPOINTMENTS (pdf)
DEARBORN, Mich., April 22, 2004 - Ford Motor Company [NYSE: F] today announced a series of executive appointments designed to build upon the company's strong progress. "These adjustments to our leadership team will help us build upon the positive momentum that we have established over the past two-and-a-half years, reflected in our strong first-quarter results," said Bill Ford, chairman and chief executive officer. (continue...)

FORD CREDIT EARNS RECORD $688 MILLION IN FIRST QUARTER (pdf)
DEARBORN, Mich., April 21, 2004 - Ford Motor Credit Company reported net income of $688 million in the first quarter of 2004, up $246 million from earnings of $442 million a year earlier. (continue...)

FORD CREDIT CONSUMER FINANCE CONTRACTS TO INCLUDE NEW DISCLOSURE LANGUAGE (pdf)
DEARBORN, Mich., February 12, 2004 - Ford Motor Credit Company today announced it will change its contracts to make it clearer that consumers can negotiate finance rates and that dealers may retain part of the finance charge. (continue...)

FORD CREDIT EARNS RECORD $1.8 BILLION IN 2003 (pdf)
DEARBORN, Mich., January 22, 2004 - Ford Motor Credit Company reported record net income of $1.8 billion in 2003, up $583 million from earnings of $1.2 billion a year earlier. On a pre-tax basis from continuing operations, Ford Credit earned $3.0 billion in 2003 compared with $2.0 billion in 2002. The increase in earnings primarily reflected a lower provision for credit losses, the favorable market valuation of derivative instruments and associated exposures, offset partially by the impact of lower average net receivables. (continue...)