 - Ford Credit Earns Full Year 2012 Pre-Tax Profit of $1.7 Billion, Net Income of $1.2 Billion
Jan-29-2013 7:10 AM ET DEARBORN – Ford Motor Credit Company reported a pre-tax profit of $1.7 billion in 2012, compared with $2.4 billion a year earlier. The decrease in pre-tax earnings is more than explained by fewer lease terminations, which resulted in fewer vehicles sold at a gain, and lower financing margin as higher yielding assets originated in prior years run off. Ford Credit’s net income was $1.2 billion in 2012, compared with $1.8 billion in the previous year.
 - Thousands Enter Ford Credit Free Escape Contest
Dec-17-2012 11:10 AM ET DEARBORN - The submissions have been made, they’ve been narrowed by a committee, and now it’s up to the people to decide who wins a 2013 Ford Escape from Ford Motor Credit Company.
 - Ford Credit Chairman and CEO Mike Bannister to Retire; Bernard Silverstone Named as Successor, Effective Jan. 1
Oct-22-2012 12:00 PM ET DEARBORN – Ford Motor Company today announced that Mike Bannister, executive vice president and chairman and CEO of Ford Motor Credit Company, has elected to retire effective Jan. 1, 2013, after 39 years of service.
- For Customers Affected by Tropical Storm Debby, Ford Credit Offers Financial Relief
Jul-30-2012 6:35 AM ET DEARBORN – Ford Motor Credit Company is offering customers affected by Tropical Storm Debby in Florida the option to delay some car and truck payments. Ford Credit’s Disaster Relief Program allows qualified customers to delay one or two monthly payments, resuming their regular payment schedules when their situations improve.
- Ford Credit Earns $296 Million Net Income in the Second Quarter of 2012
Jul-25-2012 7:00 AM ET DEARBORN – Ford Motor Credit Company reported net income of $296 million in the second quarter of 2012, compared with $383 million a year earlier. On a pre-tax basis, Ford Credit earned $438 million in the second quarter, compared with $604 million in the previous year.
- Ford Credit Earns $295 Million Net Income in the First Quarter of 2012
Apr-27-2012 7:15 AM ET DEARBORN – Ford Motor Credit Company reported net income of $295 million in the first quarter of 2012, compared with $451 million a year earlier. On a pre-tax basis, Ford Credit earned $452 million in the first quarter, compared with $713 million in the previous year. The decrease in pre-tax earnings is primarily explained by fewer lease terminations, which resulted in fewer vehicles sold at a gain, lower financing margin, and lower credit loss reserve reductions.
- Ford Credit Earns $1.8 Billion Net Income in 2011
Jan-27-2012 7:00 AM ET DEARBORN – Ford Motor Credit Company reported net income of $1.8 billion in 2011, compared with $2 billion a year earlier. On a pre-tax basis, Ford Credit earned $2.4 billion in 2011, compared with $3.1 billion in the previous year. The decrease in pre-tax earnings is more than explained by fewer leases being terminated and the related vehicles sold at a gain, and lower credit loss reserve reductions.
 - Returning Soldier Honored
Aug-18-2011 12:00 AM ET DEARBORN - Hundreds of Ford Motor Credit Company employees in Dearborn, Michigan, stood and applauded as Chairman and CEO Mike Bannister officially welcomed an employee returning from a military deployment in Afghanistan. Erin Meadows, a Ford Credit legal assistant and U.S. Navy reservist, was recognized during the second-quarter employee meeting in July for service to her country and the company.
 - Ford Credit Earns $383 Million in the Second Quarter of 2011
Jul-26-2011 12:00 AM ET DEARBORN – Ford Motor Credit Company reported net income of $383 million in the second quarter of 2011, a decrease of $173 million from a year earlier. On a pre-tax basis, Ford Credit earned $604 million in the second quarter, compared with $888 million in the previous year. On a pre-tax basis, Ford Credit earned $1.3 billion in the first half of 2011, compared with $1.7 billion in the first half of 2010.
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