Specifically, its business activities are concentrated in the area of automobile financing for consumers and dealership inventory and leasing.

Ford began its journey into auto financing by launching a Weekly Purchase Plan in 1923.

The program was designed to allow people to pay a certain amount to the bank weekly up until they had saved for the cost of a car.

This prompted Henry Ford to found Credit AG für Ford-Fahrzeuge, German for 'Ford Credit Company AG' , in Berlin in order to help locals finance the purchase of a new car, in turn increasing sales.

This occurred after Astros owner Roy Hofheinz defaulted on a loan provided in 1972 by the Company in partnership with GE Capital.