FORD MOTOR CO — Director's Dealing 2004

Jan 28, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORD MOTOR CO (F)
CIK: 0000037996
Period of Report: 2004-01-27

Reporting Person: LAYMON JOE W (Group Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-27	Common Stock, $0.01 par value	S	5000	$15.98	Disposed	29614	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$30.19	2011-03-08	Common Stock, $0.01 par value ()	40000	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)	$7.55	2013-03-18	Common Stock, $0.01 par value ()	50000	Direct
Employee Stock Option (Right to Buy)	$24.94	2010-03-28	Common Stock, $0.01 par value ()	36268	Direct
Employee Stock Option (Right to Buy)	$9.78	2012-12-05	Common Stock, $0.01 par value ()	40000	Direct

Footnotes

F1: The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (3/9/2001), 66% after
two years, and in full after three years.

F2: 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.

F3: 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.

F4: This option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (3/29/2000), 66% aft
er 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 (12/6/2002), 66% afte
r two years, and in full after three years.