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: November 18, 2002
                        (Date of earliest event reported)


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


                                    Delaware
                 (State or other jurisdiction of incorporation)


       1-6368                                             38-1612444
(Commission File Number)                      (IRS Employer Identification No.)


                   One American Road, Dearborn, Michigan 48126
               (Address of principal executive offices) (Zip Code)



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






<PAGE>


Item 5.  Other Events.
----------------------

    On November 15, 2002, Ford Motor Company ("Ford") completed the sale of
its 100% interest in Kwik-Fit Holdings Ltd., a European all-makes vehicle
repair business, to a new company formed by CVC Capital Partners. As described
in Ford's Quarterly Reports on Form 10-Q for the quarters ended June 30, 2002
and September 30, 2002, the purchase price of (pound)330 million (equivalent to
about $500 million) was paid in cash of about $300 million and a note for the
balance that will be paid as CVC obtains other financing, and Ford has obtained
a 19% equity interest in the new company.





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


Date:  November 18, 2002             By: /s/ S. P. Thomas
                                             -------------------
                                             S. P. Thomas
                                             Assistant Secretary








                                       -2-
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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: November 18, 2002
                        (Date of earliest event reported)

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

                                    Delaware
                 (State or other jurisdiction of incorporation)

       1-6368                                             38-1612444
(Commission File Number)                      (IRS Employer Identification No.)

                   One American Road, Dearborn, Michigan 48126
               (Address of principal executive offices) (Zip Code)

         Registrant's telephone number, including area code 313-322-3000
Item 5.  Other Events.
----------------------

    On November 15, 2002, Ford Motor Company ("Ford") completed the sale of
its 100% interest in Kwik-Fit Holdings Ltd., a European all-makes vehicle
repair business, to a new company formed by CVC Capital Partners. As described
in Ford's Quarterly Reports on Form 10-Q for the quarters ended June 30, 2002
and September 30, 2002, the purchase price of (pound)330 million (equivalent to
about $500 million) was paid in cash of about $300 million and a note for the
balance that will be paid as CVC obtains other financing, and Ford has obtained
a 19% equity interest in the new company.

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

Date:  November 18, 2002             By: /s/ S. P. Thomas
                                             -------------------
                                             S. P. Thomas
                                             Assistant Secretary

                                       -2-