Ford reports best quarter in 113 years

Posted online April 29, 2016 | 11:19 am

Fueled by strong domestic and foreign sales, Ford Motor Co. (NYSE: F) reported its best quarter in the 113-year-old company’s history.

The Dearborn, Mich.-based auto manufacturer reported a 10 percent increase in the number of vehicles sold – 1.7 million – worldwide during the first quarter of 2016.

The company reported revenue OF $38 billion, and net income more than doubled to $2.5 billion from $1.2 billion a year earlier, according to CNNMoney.

Read more from CNNMoney.

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