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Ford Motor Company just announced its first quarter profits and they’re the strongest they’ve been in 13 years! The company combined growing sales with improved pricing, which allowed them to outperform even the most ambitious earnings forecasts. Ford earned 2-point-6 BILLION dollars from January to March – a 22 percent increase over the same period last year.

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Ford is up to its old tricks again. The automaker has expanded the recall of it’s F-150 pick up trucks to include some 1-point-2 million vehicles. This time the problem is a wiring defect that can cause the airbag to deploy inadvertently in models built between 2004 and 2006. The US National Highway Traffic Safety Administration has record of 269 incidents resulting from the default, causing 98 injuries.

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Ford celebrates massive profits. US automaker Ford is celebrating its resurgence after posting their highest profits in over a decade! They earned $6.6 billion dollars in 2010, versus $2.7 billion in 2009. This comes as a result of improved sales and severe cost-cutting. However, their profit still fell short of Wall Street expectations.

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