Ford Motor Co.

Ford earnings more than double

Pickup trucks powered Ford Motor Co. to record North American results in the third quarter.

Ford earned $2.7 billion in North America, up 89 percent from a year ago, largely on higher sales of its new F-150 pickup truck. Ford introduced the aluminum-sided truck last fall but didn't reach full production at its two U.S. factories until June.

The results were the strongest indication yet that Ford's risky decision to remake its best-selling vehicle as a lighter aluminum model is paying off. Sales of F-Series pickups — the F-150 and its larger siblings — reached a nine-year high, and customers paid more for them. Chief Financial Officer Bob Shanks said Ford was...