AUTOS

Ford Seeks Riskier Borrowers: The Dearborn, Mich.-based carmaker said it is setting up a financing unit to tap into the $100-billion market of making new- and used-car loans to people with poor credit. The firm will be the first with operations that target that niche. Ford Motor Co. sees an opportunity for growth at its Ford Motor Credit Co., which last year financed purchases of 2.5 million vehicles and earned a record $1.4-billion profit. Such loans, although risky, can be lucrative because they typically carry higher interest rates. The loans might also stimulate sales at dealerships that don’t have arrangements with lenders specializing in higher-risk loans, and help dealers sell used-cars stocks.