FordSuperNewsTicker Posted October 24, 2014 at 05:36 AM Report Share Posted October 24, 2014 at 05:36 AM Ford Motor Credit Company reported a pre-tax profit of $498 million in the third quarter of 2014, compared with $427 million a year earlier. The higher pre-tax profit was more than explained by higher volume, reflecting increases in nearly all financing products, including non-consumer and consumer finance receivables globally, as well as leasing in North America. Ford Credit’s net income was $718 million in the third quarter of 2014, compared with $272 million in the previous year. The increase was primarily driven by favorable tax items recorded in the third quarter. View the full article Link to comment Share on other sites More sharing options...
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