Ford Credit increases cash distribution | Auto Finance News | Auto Finance News

Ford Credit increases cash distribution

Ford Motor Credit increased its cash distribution to Ford Motor Co., injecting $1.1 billion into the OEM, compared with $700 million in the prior-year period, according to the company’s third-quarter earnings call. “Cash distributions tend to track with profitability for Ford Credit, and that’s been consistent over time,” Ford Motor Co.’s Chief Financial Officer Tim […]

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