Ford's Financial Services Business About to Enter the Red - Consumer Finance Hub

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HOME :: RESEARCH :: CREDIT :: NEWS:: JUL 2008
Ford's Financial Services Business About to Enter the Red

Ford Motor Company (F) has lost $18 billion in income from 2001 through 2007. Ford just hasn't been able to turn a profit in selling cars. There has, however, been one consistent earning division at Ford until recently: financial services. Here Ford makes money financing vehicles for dealers, leasing companies and other customers. Ford's financial services section has helped to offset a lot of the Ford's losses.

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