Ford Motor Co | Auto Finance News

Subprime lender SAFCO names CFO, other staff moves …

August 18, 2023

Person takes over as CFO at SAFCO Jason Person has been appointed chief financial officer at Southern Auto Finance Co. ...

Stack of money by a calculator and paper

The fuss about junk fees: Biden, CFPB, FTC collaborate

byJim Sandy, McGlinchey

August 8, 2023

Anyone who has financed the purchase of a product or service, had a bank account, bought a car or purchased ...

Vehicles for sale at a Ford dealership in Richmond, California, US, on Tuesday, Feb. 21, 2023. The average price for a new vehicle in the US has jumped to almost $50,000, up 30% since 2019, according to JPMorgan.

Ford Credit profitability declines amid high funding costs

byAmanda Harris

July 28, 2023

Ford Credit’s consumer portfolio grew in the second quarter while credit performance remained steady and lower financing margins drove down ...

Lithia Motors F&I revenue down 2% YoY in Q2

byJoelle Anselmo

July 26, 2023

Lithia Motors showed declining finance and insurance revenue while nearly doubling its floorplan interest expenses quarter over quarter. Finance and ...

A sign at the Ford Motor Co. Dunton Technical Centre in Basildon, UK, on Tuesday, Feb. 14, 2023. Ford Motor Co. will dismiss some 11% of its workforce in Europe in the latest sign of industrial disruption caused by the automotive sectors shift to electric vehicles.

Ford cuts price on electric version of F-150 truck by up to 17%

byBloomberg News

July 17, 2023

Ford Motor Co. is slashing prices on the electric version of its best-selling F-150 pickup by as much as 17%, as ...

BYD EV at a shop in Haikou, Hainan Province, China© 2023 Bloomberg Finance LP

Chinese OEMs to bring private-label competition

byRiley Wolfbauer

July 11, 2023

Chinese auto manufacturers are expanding globally, increasing their footprint in Europe and showing intentions of growing their presence in the ...

Silver electric vehicle at a charging station

‘Tsunami of product coming’ as EV production outpaces sales

byAmanda Harris

July 7, 2023

Electric vehicle sales picked up in the second quarter, but continued production, high prices and consumer hesitancy could contribute to ...

An image of Lordstown Motor's Endurance pickup truck on a stage with an American flag behind it.

Lordstown CEO was ghosted by Foxconn unit a year before collapse

byBloomberg News

June 28, 2023

Lordstown Motors Corp. executive Ed Hightower flew to Taiwan from Detroit last year for meetings with leaders of Foxtron, a ...

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Search Results for 'Ford Motor Co'

Subprime lender SAFCO names CFO, other staff moves …

The fuss about junk fees: Biden, CFPB, FTC collaborate

Ford Credit profitability declines amid high funding costs

Lithia Motors F&I revenue down 2% YoY in Q2

Ford cuts price on electric version of F-150 truck by up to 17%

Chinese OEMs to bring private-label competition

‘Tsunami of product coming’ as EV production outpaces sales

Lordstown CEO was ghosted by Foxconn unit a year before collapse

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