Truck sales drive record results at Ford; shares surge

Net income more than doubled at Ford Motor Co , which also reported its highest-ever quarterly operating margins on Thursday, thanks to robust pricing of its F-150 pickup trucks in North America and improved profit in Europe. Ford's net income of $2.45 billion, or 61 cents per diluted share, in the first quarter through March 31, was up 113 percent from $1.3 billion, or 29 cents per diluted share, a year ago. Excluding one-time items, Ford's earnings per share of 68 cents easily beat Wall Street