Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  MULALLY ALAN R
2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2006
3. Issuer Name and Ticker or Trading Symbol
FORD MOTOR CO [F]
(Last)
(First)
(Middle)
FORD MOTOR COMPANY, ONE AMERICAN ROAD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and CEO
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DEARBORN, MI 48126
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
No securities owned. 0
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) 09/01/2007(1) 08/31/2016 Common Stock, $0.01 par value 3,000,000 $ 8.28 D  
Employee Stock Option (Right to Buy)   (2) 08/31/2011 Common Stock, $0.01 par value 1,000,000 $ 8.28 D  
Ford Stock Units   (3)   (3) Common Stock, $0.01 par value 600,000 $ (3) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MULALLY ALAN R
FORD MOTOR COMPANY
ONE AMERICAN ROAD
DEARBORN, MI 48126
  X     President and CEO  

Signatures

/s/Kathryn S. Lamping, Attorney-in-Fact 09/11/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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 option is exercisable to the extent of 33% of the shares optioned after one year from the date of grant (09/01/2006), 66% after two years, and in full after three years.
(2) The option becomes exercisable, if at all, in four 250,000 share increments if the daily closing price of Ford common stock on the New York Stock Exchange during any 30 consecutive trading day period exceeds $15, $20, $25 and $30, respectively.
(3) These Ford Restricted Stock Units will be converted and distributed to me, without payment, in three 200,000 unit increments, payable in cash based on the then current market value of Common Stock on September 1, 2007, September 1, 2008 and September 1, 2009, respectively.

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