Ford Motor Co. had its best-ever quarter in North America and more than doubled its global earnings from a year earlier as redesigns of the F-150 and other high-profit nameplates began to pay off.Ford posted third-quarter net income of $1.9 billion, up from $833 million in the same period of 2014.
It earned a pretax profit of $2.7 billion in North America, 89 percent more than a year ago and the most ever for any quarter. North American operating margins jumped to 11.3 percent, from 7.1 percent in the third quarter of 2014.
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