DEARBORN, Mich. — In 1960, Ford Motor Credit Co. financed its first vehicle, a 1960 Mercury Monterey located in Indianapolis. Back then, the company only had around 12 employees with one mission — to ...

DEARBORN, Mich.--(BUSINESS WIRE)--The accomplished leader of Ford’s customer-focused financial services business will retire during the first part of next year and be succeeded by a longtime company ...

DETROIT -- In an effort to make more accurate underwriting decisions, Ford Motor Credit Co. is ramping up its consumer credit-risk model to include additional data that would give the lender a better ...

Major players on the world’s automotive market are making efforts to respond to their customers’ needs in order to provide a complete range of services. These moves are aimed at making sure that ...

Brian Schaaf to retire after 33-year Ford and Ford Credit career. Eliane Okamura named Ford Credit chief financial officer, treasurer and executive vice president, Strategy, effective Dec. 1. Okamura ...

As Ford Motor Co. works to navigate a global reorganization effort that is certain to include significant job reductions, one way forward could lie in Ford Credit — and the consumer data it collects.

Ford is moving aggressively to embrace a self-driving future -- and its financial-services arm will have a key role. Here's why. The gist of the strategy is that Ford will expand its business to ...