Ford Credit finance penetration rate halved in China
Captive’s penetration rate of Ford sales in China fell to 24%
Ford Credit’s penetration rate in China was nearly halved in the second quarter while the lender’s financing share in the U. .S. market remained stable. The captive’s finance penetration of Ford Motor sales in China fell to 21% in Q2 compared with 39% a year prior, according to Ford Credit’s July 24 earnings presentation. […]
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