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Aug. 25, 2006 / 9:12 PM

Ford Motor offers interest-free loans

DEARBORN, Mich., Aug. 25 (UPI) -- Ford Motor Co. of Dearborn, Mich., is offering no-interest loans for up to six years to clear out 2006 model year vehicles.

The No. 2 U.S. automaker will offer the zero-percent financing for up to six years on almost every 2006 car and truck carrying the Ford, Lincoln or Mercury badge, the Detroit News reported Friday.

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"It's Ford being aggressive and trying to take control of the market and have a really successful sell-down," said Ford spokesman Jim Cain.

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