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Article: Advantage, Ford: Mulally likes owning Ford Credit.(NEWS)

Article from:
Automotive News
Article date:
November 3, 2008
Copyright

Byline: Jamie LaReau

As its crosstown rivals deal with balky captive finance companies that they no longer control, Ford Motor Co. is pitching its full ownership of Ford Motor Credit Co. as a strategic advantage.

Ford Credit has "been through a lot with the world slowing down, and they have restructured aggressively to focus especially on the Ford brand, Ford CEO Alan Mulally said in an interview last week. "And it's been helped by us divesting the noncore brands.

That has freed capacity for Ford Credit to focus on the Ford, Lincoln and Mercury businesses, especially in the United States, Mulally said. But he acknowledged that Ford Credit has ...

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