Ford Adjusting Loan Standards To Boost Sales As Delinquencies, Defaults On Rise – ValueWalk Premium

Ford Adjusting Loan Standards To Boost Sales As Delinquencies, Defaults On Rise

With 2017 sales down at Ford Motor Company 4.8% year to date basis last year – outpacing new car sales, which fell 2.1% over the first six months of 2017 – company executives were faced with a challenge: how to improve sales amid a cash-strapped middle-income consumer not spending as much. To boost their flagging fortunes, the company isn’t creating a better product or expanding its target market. Rather, they have decided to use machine learning to append credit standards,

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0