Article updated: 1/29/2013 7:42 AM

Ford earns $1.6B in 4Q, tops Wall Street forecast

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Ford earned $1.6 billion in the fourth quarter as sales rose in every region outside Europe.

Associated Press

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Ford earned $1.6 billion in the fourth quarter as sales rose in every region outside Europe. Ford's net income fell from $13.6 billion in the same quarter last year, but that figure included a big accounting-related gain. Without that gain, Ford's earnings were up from $1 billion in the fourth quarter of last year.