Ford Credit to Buy Leasing Group

November 30, 1998 9:00 AM, EST

DEARBORN, Mich. – Ford Credit announced plans to acquire AMI Leasing Group of Worcester, Mass.

AMI will become part of Ford Credit North America’s lending operations, company officials said.

The AMI group provides car, truck and equipment leases and also provides logistics, vehicle maintenance, manage-ment and support services.

Ford Credit is a subsidiary of Ford Motor Co.

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