FORD MOTOR CO
4, 2000-09-11
MOTOR VEHICLES & PASSENGER CAR BODIES
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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 4

                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    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(f) of the Investment Company Act of 1940

[  ] Check this box if no longer subject to Section 16. Form 4 or Form 5
     obligations may continue. See Instruction 1(b).

================================================================================
1. Name and Address of Reporting Person*

   Thornton,                        John                   L.
--------------------------------------------------------------------------------
   (Last)                           (First)             (Middle)
   c/o Goldman, Sachs & Co.
   85 Broad Street
--------------------------------------------------------------------------------
                                    (Street)

   New York,                        New York             10004
--------------------------------------------------------------------------------
   (City)                           (State)              (Zip)


================================================================================
2. Issuer Name and Ticker or Trading Symbol

   Ford Motor Company
   F(Common), F.PRB (Series B Pref.)
================================================================================
3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)


================================================================================
4. Statement for Month/Year

    August/2000
================================================================================
5. If Amendment, Date of Original (Month/Year)


================================================================================
6. Relationship of Reporting Person(s) to Issuer
   (Check all applicable)

   [ X ]   Director                             [   ]   10% Owner
   [   ]   Officer (give title below)           [   ]   Other (specify below)


     -----------------------------------------------------------------

================================================================================
7. Individual or Joint/Group Filing (Check Applicable Line)

   [ X ] Form filed by One Reporting Person
   [   ] Form filed by More than One Reporting Person

================================================================================
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
                              Table I -- Non-Derivative Securities Acquired, Disposed of,                                          |
                                                 or Beneficially Owned                                                             |
====================================================================================================================================
                                  |            |            |                               |                |6.       |          |
                                  |            |            | 4.                            |5.              |Owner-   |          |
                                  |            |            | Securities Acquired (A) or    |Amount of       |ship     |          |
                                  |            | 3.         | Disposed of (D)               |Securities      |Form:    |7.        |
                                  |            | Transaction| (Instr. 3, 4 and 5)           |Beneficially    |Direct   |Nature of |
                                  |2.          | Code       | ------------------------------|Owned at End    |(D) or   |Indirect  |
1.                                |Transaction | (Instr. 8) |               | (A) |         |of Month        |Indirect |Beneficial|
Title of Security                 |Date        | -----------|     Amount    | or  |  Price  |(Instr. 3       |(I)      |Ownership |
(Instr. 3)                        |(mm/dd/yy)  |  Code  | V |               | (D) |         |and 4)          |(Instr.4)|(Instr. 4)|
-----------------------------------------------------------------------------------------------------------------------------------|
<S>                               <C>          <C>      <C> <C>              <C>   <C>        <C>              <C>       <C>
                                  |            |        |   |                |     |          |                |         |         |
Common Stock, $1.00 par value     |  08/02/00  |   D(01)| V |    12,989      |  D  |    01    | -0-            |    D    |         |
-----------------------------------------------------------------------------------------------------------------------------------|
                                  |            |        |   |                |     |          |                |         |         |
Common Stock, $0.01 par value     |  08/02/00  |   A(01)| V |    22,707      |  A  |    01    | 22,707         |    D    |         |
-----------------------------------------------------------------------------------------------------------------------------------|
                                  |            |        |   |                |     |          |                |         |         |
Common Stock, $1.00 par value     |  08/01/00  |   S    |   |     6,000      |  D  | $46.6875 |                |    I    | 02,03   |
-----------------------------------------------------------------------------------------------------------------------------------|
                                  |            |        |   |                |     |          |                |         |         |
Common Stock, $1.00 par value     |  08/02/00  |   P    |   |     6,000      |  A  | $46.25   | -0-            |    I    | 02,03   |
-----------------------------------------------------------------------------------------------------------------------------------|
                                  |            |        |   |                |     |          |                |         |         |
Common Stock, $1.00 par value     |  08/02/00  |   D(01)| V |1.3213925(04)   |  D  |    01    | -0-            |    I    | 02,04   |
-----------------------------------------------------------------------------------------------------------------------------------|
                                  |            |        |   |                |     |          |                |         |         |
Common Stock, $0.01 par value     |  08/02/00  |   A(01)| V |2.310877998(04) |  A  |    01    | 2.310877998(04)|    I    | 02,04   |
-----------------------------------------------------------------------------------------------------------------------------------|
                                  |            |        |   |                |     |          |                |         |         |
Common Stock, $1.00 par value     |  08/02/00  |   D(01)| V |3.66259911(05)  |  D  |    01    | -0-            |    I    | 02,05   |
-----------------------------------------------------------------------------------------------------------------------------------|
                                  |            |        |   |                |     |          |                |         |         |
Common Stock, $0.01 par value     |  08/02/00  |   A(01)| V |6.535790703(05) |  A  |    01    | 6.535790703(05)|    I    | 02,05   |
-----------------------------------------------------------------------------------------------------------------------------------|
                                  |            |        |   |                |     |          |                |         |         |
Common Stock, $1.00 par value     |  08/02/00  |   D(01)| V |45.16(06)       |  D  |    01    | -0-            |    I    | 02,06   |
-----------------------------------------------------------------------------------------------------------------------------------|
                                  |            |        |   |                |     |          |                |         |         |
Common Stock, $0.01 par value     |  08/02/00  |   A(01)| V |79.202536842(06)|  A  |    01    |79.202536842(06)|    I    | 02,06   |
====================================================================================================================================
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
          owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
  4(b)(v).
FORM 4 (continued)
<TABLE>
<CAPTION>
<PAGE>
====================================================================================================================================
                    Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned                                 |
                            (e.g., puts, calls, warrants, options, convertible securities)                                         |
====================================================================================================================================

              |       |        |       |               |                 |                       |        |9.       |10.    |      |
              |       |        |       |               |                 |                       |        |Number   |Owner- |      |
              |       |        |       |               |                 |                       |        |of       |ship   |      |
              |2.     |        |       |               |                 |                       |        |Deriv-   |of     |      |
              |Conver-|        |       | 5.            |                 |7.                     |        |ative    |Deriv- |11.   |
              |sion   |        |       | Number of     |                 |Title and Amount       |        |Secur-   |ative  |Nature|
              |or     |        |       | Derivative    |6.               |of Underlying          |8.      |ities    |Secur- |of    |
              |Exer-  |        |4.     | Securities    |Date             |Securities             |Price   |Bene-    |ity:   |In-   |
              |cise   |3.      |Trans- | Acquired (A)  |Exercisable and  |(Instr. 3 and 4)       |of      |ficially |Direct |direct|
              |Price  |Trans-  |action | or Disposed   |Expiration Date  |-----------------------|Deriv-  |Owned    |(D) or |Bene- |
1.            |of     |action  |Code   | of(D)         |(Month/Day/Year) |             |Amount   |ative   |at End   |In-    |ficial|
Title of      |Deriv- |Date    |(Instr | (Instr. 3,    |---------------- |             |or       |Secur-  |of       |direct |Owner-|
Derivative    |ative  |(Month/ |8)     | 4 and 5)      |Date    |Expira- |             |Number   |ity     |Month    |(I)    |ship  |
Security      |Secur- |Day/    |------ | ------------  |Exer-   |tion    |             |of       |(Instr. |(Instr.  |(Instr |(Instr|
(Instr. 3)    |ity    |Year)   |Code |V|  (A)  | (D)   |cisable |Date    |Title        |Shares   |5)      |4)       |4)     |4)    |
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>      <C>      <C>   <C><C>    <C>     <C>      <C>      <C>           <C>       <C>      <C>       <C>     <C>
              |       |        |     | |       |       |        |        |Common Stock,|         |        |         |       |      |
Ford Stock    |       |        |     | |       |       |        |        |$1.00 par    |         |        |         |       |      |
Equivalents   |   07  | 8/2/00 |D(01)|V|       | 596   |   07   |  07    |value        |    596  |        |   -0-   |   D   |      |
-----------------------------------------------------------------------------------------------------------------------------------|
              |       |        |     | |       |       |        |        |Common Stock,|         |        |         |       |      |
Ford Stock    |       |        |     | |       |       |        |        |$0.01 par    |         |        |         |       |      |
Equivalents   |   07  | 8/2/00 |A(01)|V| 1,042 |       |   07   |  07    |value        |  1,042  |        |  1,042  |   D   |      |
-----------------------------------------------------------------------------------------------------------------------------------|
              |       |        |     | |       |       |        |        |Common Stock |         |        |         |       |      |
Ford Stock    |       |        |     | |       |       |        |        |$1.00 par    |         |        |         |       |      |
Units         |   08  | 8/2/00 |D(01)|V|       | 8,861 |   08   |  08    |value        |  8,861  |        |   -0-   |   D   |      |
-----------------------------------------------------------------------------------------------------------------------------------|
              |       |        |     | |       |       |        |        |Common Stock |         |        |         |       |      |
Ford Stock    |       |        |     | |       |       |        |        |$0.01 par    |         |        |         |       |      |
Units         |   08  | 8/2/00 |A(01)|V| 15,491|       |   08   |  08    |value        | 15,491  |        | 15,491  |   D   |      |
====================================================================================================================================
</TABLE>
<PAGE>
Explanation of Responses:

01:  Pursuant  to the  recapitalization  and merger,  effective  August 2, 2000,
amoung other things, shares of a new class of Ford common stock, par value $0.01
per share  ("Common  Stock"),  and a new class of Ford Class B stock,  par value
$.01 per share were issued in exchange  for Ford common  stock,  par value $1.00
per  share and Ford  Class B stock,  par value  $1.00 per  share,  respectively,
(together  with Ford common  stock,  par value $1.00,  "Old Ford  Stock"),  (the
"Exchange"). In connection with the Exchange, shareholders of Old Ford Stock had
the right to elect to receive  either i) $20 in cash or ii) 0.748175  additional
shares of Common Stock,  or iii) a combination of $5.174782 in cash and 0.554593
additional shares of Common Stock, for each share of Old Ford Stock owned by the
stockholder.  The Reporting  Person and the other holders  disclosed herein made
the second election.

02: The Reporting Person is a Director, President and Co-Chief Operating Officer
of The Goldman Sachs Group,  Inc. ("GS Group").  Goldman,  Sachs & Co. ("Goldman
Sachs") is an indirect wholly-owned subsidiary of GS Group. The Reporting Person
disclaims  beneficial  ownership of the securities reported herein as indirectly
owned except to the extent of his pecuniary interest therein.

03:  The  securities  reported  herein  as  indirectly  purchased  and sold were
purchased and sold and may be deemed to have been beneficially owned directly by
Goldman Sachs. Without admitting any legal obligation,  Goldman Sachs will remit
appropriate profits, if any, to the Company.

04: Goldman Sachs and GS Group may be deemed to own  beneficially and indirectly
2.310877998 shares of Common Stock, which are beneficially and directly owned by
the GS-MSD  Select  Sponsors,  L.P.  (the "GS-MSD  Fund").  Goldman Sachs is the
investment  manager of the GS-MSD Fund.  An  affiliate  of Goldman  Sachs and GS
Group is the general partner of the GS-MSD Fund. The 2.310877998 shares reported
herein as indirectly beneficially owned by Goldman Sachs and GS Group represents
a change in GS Group's proportionate  interest in the shares of the Issuer owned
by the GS-MSD Fund.

05: Goldman Sachs and GS Group may be deemed to own  beneficially and indirectly
6.535790703 shares of Common Stock, which are beneficially and directly owned by
the Goldman Sachs 1998 Exchange  Place Fund,  L.P. (the "1998  Exchange  Fund").
Goldman Sachs is the investment  manager of the 1998 Exchange Fund. An affiliate
of Goldman Sachs and GS Group is the general  partner of the 1998 Exchange Fund.
The  6.535790703  shares  reported  herein as indirectly  beneficially  owned by
Goldman  Sachs  and GS Group  represents  a change in GS  Group's  proportionate
interest in the shares of the Issuer owned by the 1998 Exchange Fund.

06: Goldman Sachs and GS Group may be deemed to own  beneficially and indirectly
79.202536842  shares of Common Stock,  which are beneficially and directly owned
by the Goldman Sachs 1997 Exchange Place Fund, L.P. (the "1997 Exchange  Fund").
Goldman Sachs is the investment  manager of the 1997 Exchange Fund. An affiliate
of Goldman Sachs and GS Group is the general  partner of the 1997 Exchange Fund.
The  79.202536842  shares  reported herein as indirectly  beneficially  owned by
Goldman  Sachs  and GS Group  represents  a change in GS  Group's  proportionate
interest in the shares of the Issuer owned by the 1997 Exchange Fund.

07: These Ford Stock  Equivalents  were acquired under the Company's  Restricted
Stock Plan for Non-Employee  Directors  without payment by the Reporting Person.
In  general,  1,042  of these  Ford  Stock  Equivalents  will be  converted  and
distributed to the Reporting Person,  without payment, in shares of Common Stock
on June 1, 2001.

08:  These  Ford  Stock  Units  were  acquired  under  the  Company's   Deferred
Compensation Plan for Non-Employee Directors. In general, these Ford Stock Units
will be converted and distributed to the Reporting Person,  without payment,  in
cash, on January 10th of the year following termination of Board service,  based
upon the then current market value of a share of Common Stock.



By: s/ Roger S. Begelman                                    September 11, 2000
---------------------------------------------            -----------------------
      **Signature of Reporting Person                             Date
            Attorney-in-fact


**     Intentional misstatements or omissions of facts constitute Federal
       Criminal Violations.

       See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this Form, one of which must be manually signed.
       If space provided is insufficient, see Instruction 6 for procedures.


       Alternatively,   this  Form  is  permitted  to  be  submitted  to  the
       Commission in electronic  format at the option of the reporting person
       pursuant to Rule 101(b)(4) of Regulation S-T.




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