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The Boston Globe


Ford income up 15% in quarter

DETROIT — Ford Motor Co. said Wednesday that its net income improved 15 percent in the first quarter to $1.6 billion, as record results in North America compensated for losses in Europe and South America.

Ford, the nation’s second-largest automaker, said its revenue grew 10 percent in the quarter to $35.8 billion, compared with the year-
earlier period, and its market share continued to increase in the United States.

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