FORD MOTOR CO — Director's Dealing 2005

Mar 14, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORD MOTOR CO (F)
CIK: 0000037996
Period of Report: 2005-03-11

Reporting Person: HESTERBERG EARL J (Group Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-11	Common Stock, $0.01 par value	A	8500	—	Acquired	15882	Direct
2005-03-11	Common Stock, $0.01 par value	F	3430	$12.49	Disposed	12452	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-11	Employee Stock Option (Right to Buy)	$12.49	A	45000	Acquired	2015-03-10	Common Stock, $0.01 par value (45000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	221	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$29.88	2009-06-13	Common Stock, $0.01 par value ()	39839	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 ()	6330	Direct
Ford Stock Equivalents	$		Common Stock, $0.01 par value ()	26054	Direct
Employee Stock Option (Right to Buy)	$30.19	2011-03-08	Common Stock, $0.01 par value ()	55000	Direct
Employee Stock Option (Right to Buy)	$13.26	2014-03-11	Common Stock, $0.01 par value ()	42000	Direct
Employee Stock Option (Right to Buy)	$16.91	2012-03-14	Common Stock, $0.01 par value ()	65000	Direct
Employee Stock Option (Right to Buy)	$7.55	2013-03-18	Common Stock, $0.01 par value ()	42000	Direct
Employee Stock Option (Right to Buy)	$9.78	2012-12-05	Common Stock, $0.01 par value ()	30000	Direct

Footnotes

F1: These shares were acquired under the Company's 1998 Long-Term Incentive Plan without payment by me.

F2: These shares were withheld by the Company to cover my income tax liability relating to a grant to me of Common Stock under the Co
mpany's 1998 Long-Term Incentive Plan.

F3: The option became exercisable to the extent of 33% of the shares optioned after one year from the date of grant (06/14/1999), 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 (3/10/2000), 66%
after two years, and in full after three years.

F5: 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.

F6: 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.

F7: 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 (03/11/2005), 66% after two years, and in full after three years.

F8: 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.

F9: 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.

F10: 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.

F11: 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% af
ter 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 (12/6/2002), 66% aft
er two years, and in full after three years.