Proxy Statement

Ford Motor Co
6 April 2005


Contact:  
Media            Equity Investment  Fixed Income          Shareholder Inquiries:
Glenn Ray        Community          Investment Community  1.800.555.5259 or
1.313.594.4410   Raj Modi           Rob Moeller           1.313.845.8540
[e-mail]   1.313.323.8211     1.313.621.0881        [e-mail]
                 [e-mail]    [e-mail]


IMMEDIATE RELEASE

FORD MOTOR COMPANY PROXY REPORTS 2004 EXECUTIVE COMPENSATION

DEARBORN, Mich., April 6, 2005 - Ford Motor Company today filed its 2005 proxy
statement with the Securities and Exchange Commission. The statement outlines
compensation for select executives, including William Clay Ford, Jr., chairman
and chief executive officer.

Compensation of Ford executives for 2004 generally consisted of salary, stock-
based awards and bonuses.

Compensation details found in the 2005 proxy statement include:

•  William Clay Ford, Jr., chairman and CEO, received no cash salary in 2004. In
   lieu of a cash salary equivalent to $1.5 million, he was awarded 103,882 
   shares of restricted common stock, tying his compensation to the long-term 
   performance of the Company. He was awarded a 2004 bonus in the form of 
   841,008 shares of restricted common stock and restricted stock equivalents 
   with a fair market value of approximately $10.5 million at the time of grant 
   In lieu of other long-term compensation, he also received a stock option 
   grant covering 1,587,301 shares. These options have a strike price of $16.49 
   and vest over a three year period. Mr. Ford also exercised stock options 
   covering 1,410,404 shares, realizing a value of $5.3 million, at the same
   time retaining the acquired shares. In addition, he received other 
   compensation totaling $266,000.

   For the second year, Mr. Ford committed a portion of his bonus of restricted
   stock equivalents to the William Clay Ford, Jr. Scholarship Program, 
   providing tuition assistance for children of Ford employees, and a remaining 
   portion to Detroit charities.

•  Jim Padilla, president and chief operating officer, earned $966,667 in salary 
   and $2,034,910 in bonus, which consisted of $1.18 million in cash and a 
   grant of 69,000 shares of unrestricted common stock worth $854,910, as well 
   as $314,131 in other compensation. He also was awarded options to purchase 
   100,000 shares of common stock in long-term compensation. In addition, for
   his performance in 2004, Mr. Padilla was awarded a bonus in the form of 
   246,696 shares of restricted common stock and received 50,000 restricted 
   stock equivalents as a long-term incentive grant, and for his promotion to 
   Chief Operating Officer. Combined, these shares and stock equivalents have a 
   fair market value of approximately $3,761,000 at the time of grant. Mr. 
   Padilla also received a Long Term Incentive Plan award of $173,460 which was 
   paid in unrestricted common stock for the 2002-2004 performance period. He 
   also exercised option grants covering 82,499 shares with a realized value of 
   $686,000, at the same time retaining 29,849 of those shares.

•  Greg Smith, executive vice president and president, The Americas, earned 
   $756,667 in salary and $1,120,970 in bonus, which consisted of a cash award 
   of $836,000 and a grant of 23,000 shares of unrestricted common stock worth 
   $284,970, in addition to other compensation totaling $48,227. Mr. Smith also 
   was awarded options to purchase 50,000 shares of common stock as a form of 
   long-term compensation. He also received a Long Term Incentive Plan award of 
   $105,315 which was paid in unrestricted common stock for the 2002-2004 
   performance period.

•  Nicholas Scheele, former president and chief operating officer, earned 
   $1,000,000 in salary and $1,514,530 in bonus, which consisted of a cash award 
   of $1,180,000 and a grant of 27,000 shares of unrestricted common stock worth 
   $334,530, in addition to other compensation totaling $397,985. He also was 
   awarded options to purchase 81,168 shares of common stock in long-term 
   compensation. He also received a Long Term Incentive Plan award of $929,250 
   which was paid in unrestricted common stock for the 2002-2004 performance 
   period.

•  Allan Gilmour, former vice chairman, earned $1,050,000 in salary and 
   $1,517,880 in bonus, which consisted of a cash award of $997,500 and a grant 
   of 42,000 shares of unrestricted common stock worth $520,380. Long-term 
   compensation for his services as vice chairman was 300,000 shares of 
   restricted common stock in 2004. In addition, he received $1,038,731 from his 
   retirement plans associated with his earlier years of service with Ford Motor 
   Company.


('Other compensation' refers to certain tax reimbursements and various
perquisites such as required use of the company aircraft. Other details are
noted on page 33 of the proxy statement.)

The Compensation Committee of Ford's Board of Directors, which is composed of
independent directors, determines compensation of the executives listed in the
proxy statement.

A proxy statement and proxy card are being mailed to Ford Motor Company common
and Class B shareholders today. The 2005 Annual Meeting of Shareholders will be
held Thursday, May 12 at the Hotel du Pont, Wilmington, Delaware, beginning at
9:00 a.m. Eastern Time.


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Ford Motor Company, a global automotive industry leader based in Dearborn,
Michigan, manufactures and distributes automobiles in 200 markets across six
continents. With more than 324,000 employees worldwide, the company's core and
affiliated automotive brands include Aston Martin, Ford, Jaguar, Land Rover,
Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford
Motor Credit Company and The Hertz Corporation.



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