FORD MOTOR CO — Director's Dealing 2004

Apr 28, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORD MOTOR CO (F)
CIK: 0000037996
Period of Report: 2004-04-27

Reporting Person: PADILLA JAMES J (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-27	Common Stock, $0.01 par value	M	82499	$7.55	Acquired	223563	Direct
2004-04-27	Common Stock, $0.01 par value	S	52650	$15.87	Disposed	170913	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-27	Employee Stock Option (Right to Buy)	$7.55	M	82499	Disposed	2013-03-18	Common Stock, $0.01 par value (82499)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	46086	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$31.95	2009-03-11	Common Stock, $0.01 par value ()	90668	Direct
Employee Stock Option (Right to Buy)	$22.73	2010-03-09	Common Stock, $0.01 par value ()	72536	Direct
BEP Ford Stock Fund Units	$		Common Stock, $0.01 par value ()	15383	Direct
DCP Ford Stock Fund Units	$		Common Stock, $0.01 par value ()	111784	Direct
Employee Stock Option (Right to Buy)	$30.19	2011-03-08	Common Stock, $0.01 par value ()	70000	Direct
Employee Stock Option (Right to Buy)	$13.26	2014-03-11	Common Stock, $0.01 par value ()	87500	Direct
Employee Stock Option (Right to Buy)	$16.91	2012-03-14	Common Stock, $0.01 par value ()	150000	Direct
Ford Stock Equivalents	$		Common Stock, $0.01 par value ()	30486	Direct

Footnotes

F1: 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.

F2: 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.

F3: 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.

F4: 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.

F5: 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.

F6: 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% a
fter two years, and in full after three years.

F7: 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% aft
er two years, and in full after three years.

F8: 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% aft
er two years, and in full after three years.

F9: 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.