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Ford Q1 Earnings Best Since 1998

Bruno Vincent/Getty Images(DEARBORN, Mich.) -- Ford Motor Co. earned $2.6 billion in the first quarter of 2011 -- $466 million more than the same period the year before, and the best the company’s done in the first quarter since 1998.

“Our team delivered a great quarter, with solid growth and improvements in all regions,” said Alan Mulally, Ford president and CEO in a press release issued Tuesday.

The company totaled $33.1 billion in revenue in the first quarter, up $5 billion from the first quarter of 2010.

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