Dividend Declaration

Ford Motor Co
8 July 2004


Contact:   
                      Investment         Shareholder          Media Information
Media                 Community:         Inquiries:           Center:
Becky Bach            Raj Modi           1.800.555.5259 or    1.800.665.1515 or
1.313.594.4410        1.313.323.821      1.313.845.8540       1.313.621.0504
[e-mail]       [e-mail]    [e-mail]   [e-mail]

 
FORD DECLARES THIRD QUARTER DIVIDEND

DEARBORN, Mich., July 8 - The Board of Directors of Ford Motor Company (NYSE: F) 
today declared a third quarter dividend of 10 cents per share, on the
company's Class B and common stock. This is the same level of dividend paid in
the second quarter of 2004.

The third quarter dividend is payable on Sept. 1, 2004 to shareholders of record
on July 30, 2004.


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