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Ford reports profit for first Quarter

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Ford cars are reflected in the company's logo at the carmakers' booth on media day at the Paris Mondial de l'Automobile, September 28, 2012.
Ford cars are reflected in the company's logo at the carmakers' booth on media day at the Paris Mondial de l'Automobile, September 28, 2012.

DEARBORN (WKZO) -- Ford is reporting better than expected first-quarter results.  The automaker says it made a pretax profit of 2.1-billion dollars, or 41 cents a share.  The figure exceeds the average estimate by analysts of 37 cents a share.  New models helped to increase Ford's pretax profit in North America to its highest level since at least 2000, when it started to report the region as a separate unit.

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