FDIC approves Ford Credit Bank and GM Financial Bank deposit insurance for Utah industrial banks funding auto loans via savings accounts.

Car loans for Ford and GM models may be easier to get from new banks that the automakers are now cleared to establish.

Ford's Q3 2023 financial performance showcases a successful turnaround, with increased revenue and a net income gain. The company's Ford+ strategy, focused on operational efficiency and quality ...

DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company and Ford Motor Credit Company will release first-quarter 2025 financial results at 4:05 p.m. ET on Monday, May 5. At 5 p.m. ET the same day, Jim ...

First Brands filed for bankruptcy in September carrying $12bn in debt.

Ford (F) and General Motors (GM) are in talks with First Brands over a potential lifeline to avoid supply disruption, as the car parts supplier seeks financing to help it continue operations during ...

Jan 26 (Reuters) - Ford and General Motors are in negotiations with bankrupt car parts supplier First Brands Group over a ...

DETROIT, Oct 16 (Reuters) - General Motors GM.N and Ford F.N have laid out ambitious plans to spend billions developing new electric vehicles while returning capital to investors, all funded by robust ...

Industrial banks allow the companies to accept deposits insured by the Federal Deposit Insurance Corp. into savings accounts.