8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: July 13, 2006

(Date of earliest event reported)

FORD MOTOR COMPANY

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

1-3950	38-0549190
(Commission File Number)	(IRS Employer Identification No.)
One American Road, Dearborn, Michigan	48126
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code 313-322-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 140.14a-12)

[ ]Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 8.01 Other Events.

Our news release dated July 13, 2006 concerning dividend actions taken by our board of directors, filed as Exhibit 99 to this report, is incorporated by reference herein.

In addition, on July 14, 2006, Moody's Investors Service ("Moody's") took, among others, the following actions with regard to the credit ratings assigned to Ford Motor Company ("Ford") and Ford Motor Credit Company ("Ford Credit"):

·   Lowered Ford's long-term debt rating to B2 from Ba3;

·   Lowered Ford Credit's long-term debt rating to Ba3 from Ba2; and

·   Maintained a negative outlook for Ford and Ford Credit.

Item 9.01 Financial Statements and Exhibits.

EXHIBITS

Designation	Description	Method of Furnishing
Exhibit 99	News Release	Filed with this Report
	dated July 13, 2006

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		FORD MOTOR COMPANY
		(Registrant)
Date: July 17, 2006	By:	/s/Kathryn S. Lamping
		Kathryn S. Lamping
		Assistant Secretary

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EXHIBIT INDEX

Designation	Description
Exhibit 99	News Release dated July 13, 2006

EX-99

NEWS

Contact: Media: Becky Sanch 1.313.594.4410 bsanch@ford.com Shareholder Inquiries: 1.800.555.5259 or 1.313.845.8540 stockinf@ford.com

FOR IMMEDIATE RELEASE

FORD DECLARES REDUCTION IN QUARTERLY DIVIDEND;

DIRECTORS REDUCE THEIR COMPENSATION

DEARBORN, Mich., July 13, 2006 - The Board of Directors of Ford Motor Company [NYSE: F] today declared a third quarter dividend of 5 cents per share on the company's Class B and common stock. The dividend, which is payable on Sept. 1, 2006 to shareholders of record on Aug. 2, 2006, is a reduction of 5 cents per share from the dividend paid in the second quarter of 2006.

In addition, the Board of Directors voluntarily reduced board member fees by half.

"Our directors are well aware of the difficulties and sacrifices involved in turning around our company," said Bill Ford, chairman and chief executive officer. "They have underscored this by voting to reduce their own compensation.

"The directors also agreed that a reduction in the dividend is consistent with a broad range of actions we are taking across the company to support and improve the performance of our automotive operations," he said. "Strong liquidity is an important enabler of our on-going turnaround efforts and this action will make an important contribution."

Ford added, "In the face of increasing challenges, we will continue to look for other efficiencies and savings, and we are accelerating ongoing efforts to integrate the product plans of our North America and International operations through our global product development system. The headwinds we faced at the beginning of 2006 have only become stronger, as consistently higher gasoline prices in the U.S. have caused consumer purchase preferences to shift away from SUVs and large trucks to smaller cars and crossover vehicles. While this shift plays positively to our new vehicle offerings, we must still get our costs in line in response to segment adjustments and higher commodity prices that are affecting the company. Still, we continue to see progress in many of our operations around the world, and I remain highly confident in the long-term success of the company."

Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures and distributes automobiles in 200 markets across six continents. With about 300,000 employees and 108 plants 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.

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