It Has Been Four Years Since A Move Like This

It’s been four years since Ford added to its long-term debt.

Ford Motor Co. on Monday said it will seek to raise about $2 billion in long-term debt, the first time Ford has sought to add to its automotive debt in nearly four years. Joe Hinrichs, Ford president of the Americas region, said the funds will largely go for investment in new technology. Continue reading.

Ken Grody Ford