Ford Motor Co. secured a $3 billion term loan credit agreement, accessible through July 28, 2026, with loans maturing on December 31, 2028. The agreement requires Ford to maintain a minimum of $4 ...
The real story of the month isn’t trucks or gasoline-powered cars, though. Ford sold 4,709 EVs, down 25% year over year, showing the effect of the end of the $7,500 federal EV purchase tax credit.
Ford Motor F.N is walking back a program that would have allowed dealers to offer a $7,500 tax credit on EV leases after the federal subsidy expired September 30, the company said on Thursday. "Ford ...
Reports have surfaced that Ford may end production of its electric F-150 Lightning, the most popular EV pickup truck in the U ...
While automakers like Hyundai and Stellantis have offered cash off incentives to bridge the gap for buyers, Ford and GM took a different approach.
Ford Motor Co. announced Friday that Marion Harris will retire March 1 as president and chief executive officer of Ford Credit. Harris will be replaced by Cathy O’Callaghan, Ford’s vice president, ...
DEARBORN, Mich. (July 21, 2006) — Ford Motor Credit announced it earned a net income of $441 million in the second quarter of 2006, which is down $299 million from $740 million earned in the same ...
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