Ford posts better-than-expected second quarter, boosts outlook

Ford Motor Co, maker of the top-selling F-150 pickup truck, reported a better-than-expected second-quarter profit on Wednesday, buoyed by truck sales, higher vehicle prices and stronger results outside the core North American operations.

The company expects total pretax operating profit to be equal or higher than last year. Previously, it expected profit to be equal to 2012 levels. The No. 2 US automaker reported pretax second-quarter profit of 45 cents per share. Analysts, on average, expected 37 cents per share, according to Thomson Reuters.