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The firm also issues commercial paper and other debt instruments on Ford's behalf. 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.
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.
Customer support. Customer support is a range of consumer services to assist customers in making cost-effective and correct use of a product. [9] It includes assistance in planning, installation, training, troubleshooting, maintenance, upgrading, and disposal of a product. [9] These services may even be provided at the place in which the ...
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Elena Ford at the Houston Call Center. Elena Anne Ford-Niarchos was born in New York City to Charlotte Ford and Greek shipping magnate Stavros Niarchos. [9] After her parents divorced in 1967, [9] Elena's mother married J. Anthony Forstmann in 1973 [10] and later Edward Downe Jr., the founder and chairman of Downe Communications in 1986.
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