Ford made $2.5 billion during the first three months of the year, the best quarter ever for Ford. Ford had strong sales in the U.S. and profits in Europe which helped the automaker overcome difficult market conditions in South America.
Ford’s first quarter profit was more than double what the company earned during the same period a year ago.
Ford said it earned 68 cents per share on an operating basis, easily beating predictions by Wall Street analysts. Ford said its operating, or pre-tax profit of $3.8 billion set an all time record for the company.
