Ford Credit Australia to Get $A550 Million From Government-Backed Fund

Ford Credit Australia Ltd. will receive up to A$550 million ($415 million) from the federal government’s Car Dealer Financing Special Purpose Vehicle program to make sure the company doesn’t leave the country.

The special fund was established last year to help dealers obtain credit for wholesale vehicle purchases.

Treasurer Wayne Swan says legislation activating the special fund, dubbed Ozcar, ...

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