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Ford Motor Credit Company LLC, d/b/a Ford Credit, is the financial services arm of Ford Motor Company, and is headquartered in Dearborn, Michigan. The predominant share of Ford Credit's business consists of financing Ford and Lincoln vehicles and supporting Ford and Lincoln dealers. Specifically, its business activities are concentrated in the ...
History of Ford Motor Company. The Ford Motor Company is an American automaker, the world's fifth largest based on worldwide vehicle sales. Based in Dearborn, Michigan, a suburb of Detroit, it was founded by Henry Ford on June 16, 1903. Ford Motor Company would go on to become one of the largest and most profitable companies in the world.
Established in 1949 [ 99 ] by Henry Ford II, [citation needed] the organization is a nonprofit corporate foundation [ 100 ] financed by contributions from Ford Motor Company. In 2017, it contributed $63 million [ 101 ] to various causes [ 98 ] with a focus on education, driving safely and community building.
Henry Ford II [13] September 21, 1945. November 9, 1960. 6. Robert McNamara [13] November 9, 1960. January 1, 1961. The first non-Ford family member to be president. Left to become Secretary of Defense after just two months.
William Clay Ford Jr. (born May 3, 1957) is an American businessman, serving as executive chair of Ford Motor Company. The great-grandson of company founder Henry Ford, Ford joined the board in 1988 and has served as chair since January 1999. [1][2] Ford also served as the president, CEO, and COO until turning over those roles to former Boeing ...
Join us as we cover personal finance, investing, business news, and global economic trends. Learn how to budget, save money on your TV watching, or find apps to help with managing your finances ...
Bob Lutz (businessman) Robert Anthony Lutz (born February 12, 1932) is a Swiss-American automotive executive. He served as a top leader of all of the United States Big Three automobile manufacturers, having been in succession executive vice president (and board member) of Ford Motor Company, president and then vice chairman (and board member ...
Dealer financing is an option automobile dealerships offer to customers purchasing a vehicle. It is a significant source of profit for dealerships, with estimates suggesting that 78 percent of all cars are financed through this method. However, dealer financing may not always be the most advantageous option for buyers.