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 […]

SUBSCRIBE TODAY

TO START YOUR FREE WEEK TRIAL!

Keep Reading

Already subscribed? Log in below



Source link

Financial Solutions