Global truck love and the unstoppable SUV have seen Ford Motor Co’s net income for the first quarter more than double.
An all-time record was set with its pre-tax profit for the quarter US$3.8bn, prompting chief financial officer Bob Shanks to dryly comment: “Essentially, everything has improved.”
Worldwide sales rose 10% to 1.7 million vehicles for the quarter, with the F-150 pick-up and frugal EcoSport models singled out as the star performers.
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