StockMarketWire.com - Ford Motor Co posts first quarter net income of $2.1bn - a $3.5bn improvement on the corresponding period last year.

The firm posts a pre-tax operating profit of $2bn - a $4bn improvement from 2009 with Ford Automotive operations recording a first quarter pre-tax operating profit of $1.2bn, a $3.2bn improvement from first quarter 2009.

Ford North America reported first quarter pre-tax operating profit of more than $1.2bn, a $1.9bn improvement from first quarter 2009; Ford Europe earned a pre-tax operating profit of $107m, a $692m improvement from a year ago.

Revenue for the quarter totaled $28.1bn, a $3.7bn improvement from first quarter 2009.


Story provided by Business Financial Newswire