Press Releases
2005 Releases:
FORD MOTOR
CREDIT EARNS $577 MILLION (pdf)
DEARBORN, Mich., October 20, 2005 - Ford Motor Credit Company reported net income
of $577 million in the third quarter of 2005, down $157 million from a year earlier.
On a pre-tax basis from continuing operations, Ford Motor Credit earned $901
million in the third quarter, compared with $1.1 billion in the previous year.
The decrease in earnings primarily reflected higher borrowing costs and the impact
of lower receivable levels, offset partially by improved credit loss performance.
(continue...)
Ford Credit
Offers Payment Deferrals to Hurricane Katrina Victims (pdf)
DEARBORN, Mich., September 01, 2005 - Ford Credit is offering customers affected
by Hurricane Katrina the opportunity to defer up to three vehicle payments.
(continue...)
FORD MOTOR
CREDIT EARNS $740 MILLION IN THE SECOND QUARTER (pdf)
DEARBORN, Mich., July 19, 2005 - Ford Motor Credit Company reported net income
of $740 million in the second quarter of 2005, down $157 million from earnings
of $897 million a year earlier. On a pre-tax basis from continuing operations,
Ford Motor Credit earned $1.2 billion in the second quarter, compared with
$1.4 billion in the previous year. The decrease in earnings primarily reflected
higher borrowing costs and the impact of lower receivable levels, offset partially
by improved credit loss performance. (continue...)
FORD MOTOR
CREDIT RECEIVES FINAL APPROVAL TO ENTER CHINA AUTO FINANCE MARKET (pdf)
SHANGHAI, China, May 26, 2005 - Ford Motor Credit Company received final approval
to commence business operations in China and expects to begin providing auto
financing in the country at the beginning of the third quarter. (continue...)
FORD MOTOR
CREDIT EARNS $710 MILLION IN THE FIRST QUARTER (pdf)
DEARBORN, Mich., April 20, 2005 - Ford Motor Credit Company reported net income
of $710 million in the first quarter of 2005, up $22 million from earnings
of $688 million a year earlier. On a pre-tax basis from continuing operations,
Ford Motor Credit earned $1,061 million in the first quarter, compared with
$1,047 million in the previous year. The increase in earnings primarily reflected
improved credit loss performance, offset partially by the impact of lower receivable
levels and higher borrowing costs. (continue...)
FORD MOTOR
CREDIT EARNS RECORD $2.9 BILLION IN 2004 (pdf)
DEARBORN, Mich., January 20, 2005 - Ford Motor Credit Company reported record
net income of $2.9 billion in 2004, up $1.1 billion from earnings of $1.8 billion
a year earlier. On a pre-tax basis from continuing operations, Ford Motor Credit
earned $4.4 billion in 2004, compared with $3.0 billion in the previous year.
The increase in earnings primarily reflected improved credit loss performance
and leasing results. (continue...)

