Forum Discussion
Fordlover
May 21, 2014Explorer
Perrysburg Dodgeboy wrote:
Ford: used its $5.9 billion loan to convert two truck plants to small-car production and to develop more fuel-efficient vehicles like the Ford Focus EV and C-Max Energi plug-in hybrid, on sale this fall. Loan repayments start in September. Ford says it will spend $14 billion over the next seven years on advanced-technology vehicles.
The info is old. Repayment of the loan already began in September of 2013, I believe payoff is suposed to be no later than 2022.
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