FORD MOTOR CO — Director's Dealing 2004

Mar 16, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORD MOTOR CO (F)
CIK: 0000037996
Period of Report: 2004-03-12

Reporting Person: GOUIN JAMES C (Vice President and Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-12	Employee Stock Option (Right to Buy)	$13.26	A	42000	Acquired	2014-03-11	Common Stock, $0.01 par value (42000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	26221	Direct

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 ()	15593	Direct
Employee Stock Option (Right to Buy)	$30.19	2011-03-08	Common Stock, $0.01 par value ()	35000	Direct
Employee Stock Option (Right to Buy)	$22.73	2010-03-09	Common Stock, $0.01 par value ()	15794	Direct
Employee Stock Option (Right to Buy)	$16.91	2012-03-14	Common Stock, $0.01 par value ()	48000	Direct
Employee Stock Option (Right to Buy)	$7.55	2013-03-18	Common Stock, $0.01 par value ()	35000	Direct
Employee Stock Option (Right to Buy)	$9.78	2012-12-05	Common Stock, $0.01 par value ()	18000	Direct

Footnotes

F1: The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (3/12/1999), 66% afte
r two years, and in full after three years.

F2: This option was granted under the Company's 1998 Long-Term Incentive Plan without payment by me. 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% after two years, and in full after three years.

F3: The option is 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.

F4: The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (3/10/2000), 66% afte
r two years, and in full after three years.

F5: 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.

F6: 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.

F7: The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (12/6/2002), 66% afte
r two years, and in full after three years.