FORD MOTOR CO — Director's Dealing 2004

Sep 23, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORD MOTOR CO (F)
CIK: 0000037996
Period of Report: 2004-09-23

Reporting Person: FIELDS MARK (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-23	Common Stock, $0.01 par value	M	1302	$12.27	Acquired	30253	Direct
2004-09-23	Common Stock, $0.01 par value	M	2281	$12.53	Acquired	32534	Direct
2004-09-23	Common Stock, $0.01 par value	M	16948	$12.25	Acquired	49482	Direct
2004-09-23	Common Stock, $0.01 par value	M	32999	$7.55	Acquired	82481	Direct
2004-09-23	Common Stock, $0.01 par value	S	53530	$13.84	Disposed	28951	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-23	Employee Stock Option (Right to Buy)	$12.27	M	1302	Disposed	2005-10-12	Common Stock, $0.01 par value (1302)	Direct
2004-09-23	Employee Stock Option (Right to Buy)	$12.53	M	2281	Disposed	2006-03-14	Common Stock, $0.01 par value (2281)	Direct
2004-09-23	Employee Stock Option (Right to Buy)	$12.25	M	16948	Disposed	2007-03-13	Common Stock, $0.01 par value (16948)	Direct
2004-09-23	Employee Stock Option (Right to Buy)	$7.55	M	32999	Disposed	2013-03-18	Common Stock, $0.01 par value (32999)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	279	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$22.65	2008-03-12	Common Stock, $0.01 par value ()	23988	Direct
Employee Stock Option (Right to Buy)	$31.95	2009-03-11	Common Stock, $0.01 par value ()	27198	Direct
Employee Stock Option (Right to Buy)	$22.73	2010-03-09	Common Stock, $0.01 par value ()	39893	Direct
BEP Ford Stock Fund Units	$		Common Stock, $0.01 par value ()	2774	Direct
Ford Stock Equivalents	$		Common Stock, $0.01 par value ()	28320	Direct
DCP Ford Stock Fund Units	$		Common Stock, $0.01 par value ()	6	Direct
Employee Stock Option (Right to Buy)	$30.19	2011-03-08	Common Stock, $0.01 par value ()	45000	Direct
Employee Stock Option (Right to Buy)	$13.26	2014-03-11	Common Stock, $0.01 par value ()	50000	Direct
Employee Stock Option (Right to Buy)	$16.91	2012-03-14	Common Stock, $0.01 par value ()	75000	Direct
Employee Stock Option (Right to Buy)	$16.07	2012-04-30	Common Stock, $0.01 par value ()	65000	Direct
Ford Stock Equivalents	$		Common Stock, $0.01 par value ()	17420	Direct

Footnotes

F1: The option became exercisable to the extent of 25% of the shares optioned after one year from the date of grant (10/13/1995), 50%
after two years, 75% after three years and in full after four years.

F2: The option became exercisable to the extent of 25% of the shares optioned after one year from the date of grant (3/15/1996), 50%
after two years, 75% after three years and in full after four years.

F3: The option became exercisable to the extent of 33% of the shares optioned after one year from the date of grant (3/14/1997), 66%
after two years, and in full after three years.

F4: The option became exercisable to the extent of 33% of the shares optioned after one year from the date of grant (3/13/1998), 66%
after two years, and in full after three years.

F5: The option became exercisable to the extent of 33% of the shares optioned after one year from the date of grant (3/12/1999), 66%
after two years, and in full after three years.

F6: The option became exercisable to the extent of 33% of the shares optioned after one year from the date of grant (3/10/2000), 66%
after two years, and in full after three years.

F7: These Ford Stock Fund Units were credited to my account by the Company, without payment by me, in transactions exempt under Rule 16b-3(c), under the Company's Benefit Equalization Plan, and included in my most recent plan statement. In general, these Ford Stock Fund Units will be converted and distributed to me, without payment, in cash, following termination of employment, based on the then current price of a Ford Stock Fund Unit and the then current market value of a share of Common Stock.

F8: These Ford Stock Equivalents were acquired under the Company's 1998 Long-Term Incentive Plan without payment by me. These Ford Stock Equivalents will be converted and distributed to me, without payment, in shares of Ford Common Stock on June 1, 2005.

F9: The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (03/19/2003), 66% aft
er two years, and in full after three years.

F10: These Ford Stock Fund Units were credited to my account by the Company, in transactions exempt under Rule 16b-3(c), under the Company's Deferred Compensation Plan, and included in my most recent plan statement. In general, these Ford Stock Fund Units will be converted and distributed to me, without payment, in cash, on the March 15 following termination of employment, based on the then current price of a Ford Stock Fund Unit and the then current market value of a share of Common Stock.

F11: The option became exercisable to the extent of 33% of the shares optioned after one year from the date of grant (3/9/2001), 66%
after two years, and in full after three years.

F12: The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (03/12/2004), 66% af
ter two years, and in full after three years.

F13: The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (03/15/2002), 66% af
ter two years, and in full after three years.

F14: The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (05/01/2002), 66% af
ter two years, and in full after three years.

F15: These Ford Stock Equivalents were acquired under the Company's 1998 Long-Term Incentive Plan without payment by me. These Ford Stock Equivalents will be converted and distributed to me, without payment, in shares of Common Stock on March 12, 2006.