Ford Credit, GMF stocked with +$54B of liquidity, JP Morgan reports | Auto Finance News | Auto Finance News

Ford Credit, GMF stocked with +$54B of liquidity, JP Morgan reports

The General Motors Co. Flint Assembly plant stands idle in Flint, Michigan, U.S., on Monday, March 23, 2020. The auto industry is escalating its push for U.S. assistance to help weather the impact of a global pandemic that has halted or will soon stop production at 42 out of 44 plants that assemble vehicles in the country. Photographer: Anthony Lanzilote/Bloomberg

Ford Motor Credit Co. and GM Financial have more than $54 billion of liquidity, JP Morgan estimated today. This is a key liquidity marker. The coronavirus pandemic has battered the U.S. automotive sector, which makes the liquidity of two crucial auto finance providers all the more important to the long-term financial health of the sector. In […]

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