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Home » Lower financing margin drives down Ford Credit EBT

Lower financing margin drives down Ford Credit EBT

Consumer outstandings dipped 4% YoY 

Amanda HarrisbyAmanda Harris
February 3, 2023
in Earnings
Reading Time: 4 mins read
0
Vehicles at a Ford dealership in Colma, California, US, on Friday, July 22, 2022. Ford Motor Co. is expected to release earnings figures on July 27. Photographer: David Paul Morris/Bloomberg

Photographer: David Paul Morris/Bloomberg

A dip in financing margin along with lower credit loss and lease residual releases contributed to an 82.1% year-over-year decline in Ford Credit’s earnings before taxes in the fourth quarter.   EBT came in at $191 million, a decline of 67.6% sequentially, according to the captive’s earnings presentation, which does not list any distributions to Ford […]

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Tags: auto outstandingsdelinquenciesFord CreditFord Motor Co.Premiumprofits
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