New York, April 29, 2026 (AFP) - Tariff refund boosts Ford results as it eyes higher metal costs

NAMPA / AFP
2026-04-30
Ford raised its full-year profit forecast Wednesday after reporting stronger than estimated first quarter results based partly on $1.3 billion in tariff refunds. The big US automaker sold fewer autos compared with a year ago but pointed to robust demand for higher-priced trucks and sport utility vehicles that contributed to higher earnings. Profits for the Michigan automaker came in at $2.5 billion, compared with $471 million in the year-ago peri......
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