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                                                                    EXHIBIT 23.3


            [LETTERHEAD OF SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP]


                                 June 27, 2000


Ford Motor Company
One American Road
Dearborn, MI 48126


Ladies and Gentlemen:

     We have acted as counsel to Ford Motor Company ("Ford"), a Delaware
corporation, in connection with (i) the Merger, as defined and described in the
Recapitalization Agreement and Plan of Merger (the "Merger Agreement"), dated as
of June 27, 2000, between Ford and Ford Value Corporation, a Delaware
corporation and a newly-formed, wholly-owned subsidiary of Ford and(ii) the
preparation and filing of the registration statement on Form S-4 with the
Securities and Exchange Commission (the "Commission") under the Securities Act
of 1933, as amended ("the Securities Act"), on June 1, 2000, and Amendment No. 1
thereto, which includes the proxy statement and prospectus of Ford (the "Proxy
Statement/Prospectus").


     This letter is furnished to you solely for use in connection with the
Merger, as described in the Merger Agreement and the Proxy Statement/Prospectus,
and is not to be used, circulated, quoted, or otherwise referred to for any
other purpose without our express written permission. We hereby consent to the
reference to our firm name under the heading "SUMMARY - Certain U.S. Federal
Income Tax Consequences of the Recapitalization," "THE RECAPITALIZATION -
Certain U.S. Federal Income Tax Consequences of the Recapitalization" and "LEGAL
MATTERS" in the Proxy Statement/Prospectus. In giving such consent, we do not
thereby admit that we are in the category of persons whose consent is required
under Section 7 of the Securities Act or the rules and regulations of the
Commission thereunder.


                               Very truly yours,


                               /s/Skadden, Arps, Slate, Meagher & Flom LLP

                               SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP