summary the article

Anonymous
timer Asked: Mar 23rd, 2017
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Question Description

I have the pictures below and a link as a references

do it at least 150 words

https://www.wsj.com/articles/ford-motor-warns-prof...

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Tutor Answer

Jesus92
School: Purdue University

Here is the summary of the article. Hope you like it! 😀

FORD WARNS HIGHER RATES, DECLINE IN RESALE VALUES WILL HURT RESULTS
By CHRITINA ROGERS and JOHN D. STOLL

Affordability, one of the most important contributing factors in the US auto sales
growth, will be affected by rising interest rates and the depreciation of the value of used
vehicles, according to data provided by Ford Motor Co.
Ford estimates that despite the record sales and gains in China and the United States,
the two largest markets in the world, this will not be the same for 2017 and probably 2018.
This growth of the US market has been a result of the possibility that customers have
access to economic leases and loans with low interest rates and a long-term payment period.
In this way, leasing has become a very sought after method to finance the purchase of
automobiles. What the lease allows is the loan of a vehicle for a short period of 2 to 3 years,
which will be returned after that time.
Such a loan period is ending for many customers today, which...

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