Clarification: GE Money Motor Solutions
In an article on Friday about the federal government activating the Car Dealer Financing Special Purpose Vehicle to help secure the immediate future of Ford Credit in Australia, it was wrongly stated that GE is "receiving federal aid" or is "looking likely to steer a portion of their remaining funding" to the entity. GE Money Motor Solutions has already moved all its dealers to other funding options and never needed to utilise the SPV at any point.