Ford Motor, a Michigan-based automobile manufacturer, has withdrawn an initiative that allowed dealers to offer a $7,500 tax credit on electric vehicle (EV) leases. The automaker made this decision ...
Good morning! It's Friday, October 10, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. This is where you'll find the most ...
DEARBORN, Mich. — Ford Motor Credit's chief executive officer said he expects the market to remain "extraordinarily challenging." For the third quarter, the company reported net income of $95 million, ...
DEARBORN, Mich. — Boosted by lower depreciation expenses on leased vehicles, Ford Motor Credit Co. posted a year-over-year net income increase of $332 million during the third quarter, based on ...