Ford Motor reported quarterly earnings and revenue that surpassed analysts' expectations on Wednesday as its North American unit posted its best quarter in more than a decade on the strength of new models.
After the earnings announcement, Ford stock inched higher in trading after the opening bell. (Click here see what Ford's stock is doing after earnings).
Net income was $1.6 billion, or 40 cents per share, up from $1.4 billion a year earlier.
The automaker posted first-quarter earnings excluding items of 41 cents per share, up from 39 cents a share in the year-earlier period.