Ford Super News Ticker Report post Posted April 24, 2013 Ford Motor Credit Company reported a pre-tax profit of $507 million in the first quarter of 2013, compared with $452 million a year earlier. The increase in pre-tax earnings is primarily explained by higher receivables and favorable residual performance, offset partially by lower credit loss reserve reductions. Ford Credit’s net income was $364 million in the first quarter, compared with $295 million in the previous year. View the full article Quote Share this post Link to post Share on other sites
