Ford Motor Says Ford Motor Credit Company Announced Plan Of Units In Brazil And Argentina To Cease Originating Receivables By 2021 End

Ford Motor Co :Ford Motor Co - Ford Motor Credit Company Llc Announced The June 25, 2021 Plan Of Units In Brazil And Argentina To Cease Originating Receivables By 2021 End.Ford Motor Co - Ford Credit Announced The June 25, 2021 Plan To Begin Process Of Selling/Otherwise Winding Down Operations In Brazil, Argentina.Ford Motor Co - In Connection With Winding Down Announcement, Ford Currently Expects To Record Pre-Tax Charges Of Up To $375 Million.Ford Motor Co - Employees Affected By Winding Down Of Brazil, Argentina Operations Notified On Monday.Ford Motor Co - Charges Will Primarily Be Non-Cash, Including Up To $365 Million Of Foreign Currency Translation Losses.Ford Motor Co - Expects Most Losses Related To Winding Down Of Brazil, Argentina Operations To Be Recognized In 2021.Ford Motor Co - About $10 Million Will Be Paid In Cash For Employee Separations, With The Majority Paid In 2021.