Ford delays return to office to 2022, considers vaccine mandate
Ford Motor Co. is delaying employees’ return to the office for a second time due to the worsening spread of ...
Tag: Ford Credit
Ford Credit, GM Financial eye residual value risk amid shift to EVs
Despite a likely influx of electric vehicles to the market within the next decade, OEMs do not believe the change ...
General Motors sets lower inventory supply goal following COVID-19, chip shortage
General Motors is embracing a new normal defined by tighter on-hand inventory and lower floorplan cost for dealers amid the ...
Opinion: Lofty domestic EV goals poised to change lenders’ product sets
Last week, President Joe Biden signed an executive order with the goal that roughly 50% of all new vehicles sold ...
Weekly Wrap: Lenders find new ways to combat low inventory
Squeezed inventory could mark a shift in the auto finance industry as OEMs look for alternative ways to meet consumer ...
Ford Credit logs record EBIT, high recovery on NCOs in Q2
Ford Motor Credit recorded its highest ever quarterly earnings before taxes of $1.6 billion, contributing to a second-quarter distribution of $4 ...
Ford Motor Credit’s Jim Drotman joins Auto Finance Summit for a fireside chat
Ford Motor Credit EVP Jim Drotman The Auto Finance News team is pleased to announce that Jim Drotman, executive vice ...
Ford Credit’s profitability jumps more than $900 million in Q1
For the fourth consecutive quarter, Ford Credit boasted a strong performance, with Q1 2021 earnings before taxes of $962 million, ...
