Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
FORD WILLIAM CLAY JR
  2. Issuer Name and Ticker or Trading Symbol
FORD MOTOR CO [F]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman and CEO
(Last)
(First)
(Middle)
FORD MOTOR COMPANY, ONE AMERICAN ROAD
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2004
(Street)

DEARBORN, MI 48126
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 par value 12/31/2004   A(1)   25,519 A (1) 4,230,673 D  
Common Stock, $0.01 par value               78,665 I By Company Plan
Common Stock, $0.01 par value               12,412 I By Spouse (2)
Common Stock, $0.01 par value               52,655 I By Spouse as Custodian (3)
Common Stock, $0.01 par value               186,964 I By Voting Trust (4)
Class B Stock, $0.01 par value               23,343 I By Spouse (2)
Class B Stock, $0.01 par value               91,367 I By Spouse as Custodian (3)
Class B Stock, $0.01 par value               3,282,389 I By Voting Trust (4)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Ford Stock Units (5)               (5)   (5) Common Stock, $0.01 par value (5)   2,388 D  
6.50% Cum. Convertible Trust Preferred Sec. (6)               (6) 01/15/2032 Common Stock, $0.01 par value (6)   60,000 D  
Employee Stock Option (Right to Buy) $ 9.82               (7) 01/02/2013 Common Stock, $0.01 par value (7)   2,680,000 D  
Employee Stock Option (Right to Buy) $ 16.49               (8) 01/04/2014 Common Stock, $0.01 par value (8)   1,587,301 D  
Employee Stock Option (Right to Buy) $ 15.36               (9) 01/10/2012 Common Stock, $0.01 par value (9)   48,543 D  
Employee Stock Option (Right to Buy) $ 15.13               (10) 01/30/2012 Common Stock, $0.01 par value (10)   4,000,000 D  
Employee Stock Option (Right to Buy) $ 16.42               (11) 03/27/2012 Common Stock, $0.01 par value (11)   66,845 D  
Employee Stock Option (Right to Buy) $ 7.4               (12) 03/30/2013 Common Stock, $0.01 par value (12)   206,044 D  
Employee Stock Option (Right to Buy) $ 16.12               (13) 06/27/2012 Common Stock, $0.01 par value (13)   67,446 D  
Employee Stock Option (Right to Buy) $ 11.09               (14) 06/29/2013 Common Stock, $0.01 par value (14)   107,759 D  
Employee Stock Option (Right to Buy) $ 9.68               (15) 09/29/2012 Common Stock, $0.01 par value (15)   94,456 D  
Employee Stock Option (Right to Buy) $ 10.78               (16) 09/29/2013 Common Stock, $0.01 par value (16)   110,294 D  
Employee Stock Option (Right to Buy) $ 9.44               (17) 12/30/2012 Common Stock, $0.01 par value (17)   89,096 D  
Employee Stock Option (Right to Buy) $ 15.98               (18) 12/30/2013 Common Stock, $0.01 par value (18)   62,396 D  
Ford Stock Equivalents (19)               (19)   (19) Common Stock, $0.01 par value (19)   113,122 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FORD WILLIAM CLAY JR
FORD MOTOR COMPANY
ONE AMERICAN ROAD
DEARBORN, MI 48126
  X     Chairman and CEO  

Signatures

 s/Kathryn S. Lamping, Attorney-in-Fact   01/04/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These shares were acquired under the Company's 1998 Long-Term Incentive Plan without payment by me.
(2) I disclaim beneficial ownership of these shares owned by my wife.
(3) I disclaim beneficial ownership of these shares held by my wife as custodian for my children.
(4) I am a trustee of the voting trust. As shown, it holds 186,964 shares of Common Stock and 3,282,389 shares of Class B Stock for my benefit. I disclaim beneficial ownership of any other shares of Common Stock or Class B Stock in said voting trust.
(5) 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.
(6) Each 6.50% Cumulative Convertible Trust Preferred Security, issued by Ford Motor Company Capital Trust II, a Delaware business trust, is immediately convertible, at the option of the holder, into 2.8249 shares of Ford Motor Company Common Stock.
(7) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (01/03/2003), 66% aft er two years, and in full after three years.
(8) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (01/05/2004), 66% aft er two years, and in full after three years.
(9) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (1/11/2002), 66% afte r two years, and in full after three years.
(10) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (1/31/2002), 66% aft er two years, and in full after three years.
(11) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (3/28/2002), 66% aft er two years, and in full after three years
(12) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (03/31/2003), 66% af ter two years, and in full after three years.
(13) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (6/28/2002), 66% aft er two years, and in full after three years.
(14) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (06/30/2003), 66% af ter two years, and in full after three years.
(15) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (9/30/2002), 66% aft er two years, and in full after three years.
(16) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (09/30/2003), 66% af ter two years, and in full after three years.
(17) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (12/31/2002), 66% af ter two years, and in full after three years.
(18) The option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (12/31/2003), 66% af ter two years, and in full after three years.
(19) 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, 2005.

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