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How much money does Ford owe the government?

How much money does Ford owe the government?

Documents filed by Ford show the company owes payments of $591 million in 2020, $591 million in 2021 and $289 million in 2022.

How much debt does Ford Motor have?

The Ford Motor Company reported total debt between 161 and 162 billion U.S. dollars in 2020. Total debt comprises automotive debt, credit debt, and other debt.

Did Ford take bailout money from the government?

Ford’s Bailout Although Ford did not receive TARP funds, it did receive government loans. 4 These were critical because banks were not lending during the financial crisis. It requested a $9 billion line-of-credit from the government. In return, it pledged to spend $14 billion on new technologies.

Does Ford have a debt problem?

According to the Ford Motor’s most recent financial statement as reported on July 31, 2020, total debt is at $175.23 billion, with $119.89 billion in long-term debt and $55.34 billion in current debt. Adjusting for $30.99 billion in cash-equivalents, the company has a net debt of $144.24 billion.

What was Ford’s highest stock price?

The latest closing stock price for Ford Motor as of September 03, 2021 is 12.89.

  • The all-time high Ford Motor stock closing price was 42.45 on May 03, 1999.
  • The Ford Motor 52-week high stock price is 16.45, which is 27.6% above the current share price.

What companies does Ford own?

Ford Motor Co. owns Ford and Lincoln. General Motors owns Buick, Cadillac, Chevrolet, and GMC. Hummer has returned as a GMC sub-brand.

Is BMW in debt?

You can click the graphic below for the historical numbers, but it shows that Bayerische Motoren Werke had €102.7b of debt in December 2020, down from €111.7b, one year before. However, it does have €15.8b in cash offsetting this, leading to net debt of about €86.9b.

What is the best used Ford to buy?

The top reliable used Ford Sedan originally appeared on Consumer Reports’ Best Used Cars list multiple years. For reliability, the 2012 and 2013, are the strongest while 2008-2009 and 2011 are a close second. Cars.com gives both the 2012 and 2013 Ford Fusions 4.4 and 4.1-star reviews, respectively.

Which automaker did not take bailout?

Let’s be honest here: Ford has gotten a free pass and earned market shares for being the only US automaker that “didn’t take bailout money,” when they did in fact, take government loans with the condition of making cars that the government wanted.

How much does GM owe the government 2020?

In total, GM received $52 billion from the U.S. government, but only $6.7 billion of this amount was considered a loan. The company already paid back $2 billion, so this $4.7 billion is the last payment.

What is Ford long-term debt?

Based on Ford Motor’s balance sheet as of February 5, 2021, long-term debt is at $110.34 billion and current debt is at $51.34 billion, amounting to $161.68 billion in total debt. Adjusted for $25.24 billion in cash-equivalents, the company’s net debt is at $136.44 billion.

What is Ford Credit debt?

At June 30, 2020, Ford Credit had outstanding debt of $135.3 billion on a consolidated basis.


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