In 1999 a family in a one-car crash sued Ford Motor Credit over the accident that they caused.
Profit at its Ford Motor Credit arm will likely narrow as interest rates rise.
Ford Money Market Account is a direct obligation of Ford Motor Credit Co.
"We're performing a little worse than our expectation, but nothing untoward, " says Joseph Poi, Ford Motor Credit's residual risk manager.
Both Ford Motor Credit and General Motors Acceptance Corp. leases were 12% of parent company sales last year, down from 19% in 2000.
"The lease residual-value risk in general remains Ford Motor Credit's biggest asset-quality wild card, " says Glenn Reynolds of the credit analysis firm CreditSights.
The traditional model for a captive finance company is a wholly owned subsidiary like Ford Motor Credit Co. or Toyota Financial Services.
Profit at its Ford Motor Credit (nyse: FCJ - news - people ) arm will likely narrow as interest rates rise.
Rather, you become an unsecured creditor of Ford Motor Credit.
The company provides financial services through Ford Motor Credit Company.
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" Correct answer: "The balance sheet of Ford Motor Credit has deteriorated to the point where it is at constant risk of being pushed out of the commercial paper market.
Financial institutions, one of which was Ford Motor Credit in certain locations, came to realize that someone was apparently using their subscriber code and password to go and access credit reports.
Patel adds that the size of the deal reduces the likelihood that Ford will follow the lead of General Motors and sell a portion of its financing arm, Ford Motor Credit .
Since General Motors (nyse: GM - news - people ) announced the sale of a 51% share in General Motors Acceptance to a private equity group, some have speculated that Ford could sell all or part of its Ford Motor Credit financing arm.
Patel adds that the size of the deal reduces the likelihood that Ford will follow the lead of General Motors (nyse: GM - news - people ) and sell a portion of its financing arm, Ford Motor Credit (nyse: FCJ - news - people ).
Tightening credit is clamping down on the auto industry as Ford Motor announced its U.S. sales in September sunk 34.6% to 120, 788 vehicles, its weakest levels of the year, from 184, 612 reported in September 2007.
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