Weekly Wrap on Ford Credit, CAC earnings

<p><strong>Ford Credit</strong>’s U.S. and Canada outstandings climbed 1.7% sequentially but remained down 3.9% YoY at $77.5 billion in Q4. The captive does not expect to pay distributions to Ford Motor in 2023 on the heels of an<a href="https://www.autofinancenews.net/allposts/earnings/lower-financing-margin-drives-down-ford-credit-ebt/"> 82% YoY decline</a> in earnings before taxes amid a dip in financing margin along with lower credit loss and lease residual releases. </p>