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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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) 03/10/2006 (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 03/11/2006   M(1)   240,288 A (1) 6,531,360 D   Common Stock, $0.01 par value 03/11/2006   G(2)   240,288 D (2) 6,291,072 D   Common Stock, $0.01 par value 03/11/2006   F(3)   339,904 D $ 7.83 5,951,168 D   Common Stock, $0.01 par value               80,957 I By Company Plan Common Stock, $0.01 par value               12,412 I By Spouse (4) Common Stock, $0.01 par value               30,270 I By Spouse as Custodian (5) Common Stock, $0.01 par value               55,433 I By Trust-Child (6) Common Stock, $0.01 par value               186,964 I By Voting Trust (7)

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 Equivalents

(1)

03/11/2006

M(1)

240,288

(1)

(1)

Common Stock, $0.01 par value

240,288

(1)

0

D

Ford Stock Equivalents

(8)

03/10/2006

A(8)

632,587

(8)

(8)

Common Stock, $0.01 par value

632,587

(8)

632,587

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		03/14/2006
**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)	The reported transaction involved the conversion, without payment by me, of Ford Stock Equivalents into shares of Common Stock under the Company's 1998 Long-Term Incentive Plan.
(2)	The transaction involved gifts totalling 240,288 shares of Common Stock to the William Clay Ford, Jr. Scholarship Program and other charities.
(3)	These shares were withheld by the Company to cover my income tax liability relating to (i) a grant to me of Common Stock and (ii) the conversion of Ford Stock Equivalents to shares of Common Stock under the Company's 1998 Long Term Incentive Plan.
(4)	I disclaim beneficial ownership of these shares owned by my wife.
(5)	I disclaim beneficial ownership of these shares held by my wife as custodian for my children.
(6)	I am the trustee of this trust for one of my children. I disclaim beneficial ownership of these shares.
(7)	I am a trustee of the voting trust. As shown, it holds 186,964 shares of Common Stock for my benefit. I disclaim beneficial ownership of any other shares of Common Stock in said voting trust.
(8)	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 10, 2007.

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