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OTHER NEWS - Feb. 10, 1993

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From Times Staff and Wire Reports

Ford Might Launch Credit Card This Week: Ford Motor Co., on the heels of General Motors Corp.’s entry into the credit card market, is expected to launch its own rebate credit card with Citicorp on Thursday. Detroit’s second-largest auto maker wouldn’t confirm or deny that a scheduled news conference in New York later this week is being held to announce the much-awaited card. If Ford does launch a card, it would follow GM and AT&T; in offering a credit card to enhance its core business. The auto maker and telecommunications company have used incentives included in their credit cards to build, and in some cases maintain, their customer base.

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