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The Auto Finance Roadmap

The Auto Finance Roadmap

News:Business News

Weekly Wrap on Ford Credit, CAC earnings

Weekly Wrap on Ford Credit, CAC earnings

2023-02-06
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Ford Credit’s U.S. and Canada outstandings climbed 1.7% sequentially but remained down 3.9% YoY at $77.5 billion in Q4. The captive does not expect to pay distributions to Ford Motor in 2023 on the heels of an 82% YoY decline in earnings before taxes amid a dip in financing margin along with lower credit loss and lease residual releases. 

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