FORD MOTOR CO — Director's Dealing 2004

Mar 18, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORD MOTOR CO (F)
CIK: 0000037996
Period of Report: 2004-03-16

Reporting Person: FORD WILLIAM CLAY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-16	Common Stock, $0.01 par value	P	2528	$13.17	Acquired	8069750	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	167248	Indirect
Common Stock, $0.01 par value	1382162	Indirect
Class B Stock, $0.01 par value	192254	Indirect
Class B Stock, $0.01 par value	8709007	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Ford Stock Units	$		Common Stock, $0.01 par value ()	11557	Direct

Footnotes

F1: I disclaim beneficial ownership of these shares owned by my wife.

F2: I am one of five trustees of the voting trust. In said voting trust are 1,382,162 shares of Common Stock and 8,709,007 shares of Class B Stock which are held for my sole benefit. I disclaim beneficial ownership of any other shares of Common Stock or Class B Stock held in said voting trust.

F3: These Ford Stock Units were acquired under the Company's Deferred Compensation Plan for Non-Employee Directors. In general, these Ford Stock Units will be converted and distributed to me, without payment, in cash, on January 10th of the year following termination of Board service, based upon the then current market value of a share of Common Stock.