October 3, 2006

Ford Credit Canada simplifies its leasing operations

Dearborn, Michigan – Ford Credit Canada Limited has announced that it will simplify its corporate structure, combining assets and three legal entities.

Effective January 1, 2007, Canadian Road Leasing Company will handle the retail leasing business, while Ford Credit Canada Limited, a wholly-owned subsidiary of Ford Motor Credit Company, will be responsible for all other automotive financing. To achieve this, the company will amalgamate three leasing branches under the name Ford Credit Canada Limited. The company says there will be no impact on employment.

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