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Ford Credit also owns Lincoln Automotive Financial Services, the arm that finances Lincoln vehicles. Ford earned $2.63 billion EBIT with its Ford Credit segment in 2018, up from $2.31 billion in 2017. 2018 was the segment's highest full-year EBT in eight years. However, this upward trend may not last much longer as car sales continue to decline.
RoadLoans was established in 2000 by Triad Financial Corp., owned by the Ford Motor Credit Co., and in 2005 it was sold to an investment group. RoadLoans was purchased by Santander Consumer USA Holdings Inc. in 2009 as its direct-to-consumer lender. [5]
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Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand.
Ford CEO Jim Farley said the company races for two reasons: to bring attention and focus on “passion products” like Mustang and Bronco, but also because he believes motorsports is good business.
A Ford source confirmed the rebate to Yahoo Finance, which added that it also applies to the Mustang Mach-E electric SUV and runs through July 8 for both 2024 and 2023 model years. In addition ...
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