Ford Motor Credit Company

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Ford Motor Credit Company
TypeSubsidiary of Ford
IndustryDiversified financial
Founded1959 (1959)
HeadquartersDearborn, Michigan, U.S.
ProductsAutomobile financing
RevenueDecrease US$ 7.882 billion (2012)[1]
Operating incomeDecrease US$ 1.697 billion (2012)[1]
Net incomeDecrease US$ 1.214 billion (2012)[1]
Total assetsIncrease US$ 105.7 billion (2012)[1]
Total equityIncrease US$ 9.653 billion (2012)[1]
Owner(s)Ford Motor Company
Employees6,500 (2011)[1]
WebsiteFordcredit.com
 
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Ford Motor Credit Company
TypeSubsidiary of Ford
IndustryDiversified financial
Founded1959 (1959)
HeadquartersDearborn, Michigan, U.S.
ProductsAutomobile financing
RevenueDecrease US$ 7.882 billion (2012)[1]
Operating incomeDecrease US$ 1.697 billion (2012)[1]
Net incomeDecrease US$ 1.214 billion (2012)[1]
Total assetsIncrease US$ 105.7 billion (2012)[1]
Total equityIncrease US$ 9.653 billion (2012)[1]
Owner(s)Ford Motor Company
Employees6,500 (2011)[1]
WebsiteFordcredit.com

Ford Motor Credit Company LLC, popularly known as Ford Credit, is the financial services arm of Ford Motor Company, and is headquartered in Dearborn, Michigan.

Its business activities are concentrated primarily in the area of automobile loans in support of its parent company. The company offers consumer loans and leases to car buyers, as well as business loans and lines of credit to dealerships selling Ford Motor Company products. 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.

References[edit]

  1. ^ a b c d e f "2012 Form 10-K, Ford Motor Credit Company LLC". United States Securities and Exchange Commission. 

External links[edit]