Ford Surprises with Higher Profits, Boosts Outlook

Ford Motor Company reported better-than-expected profits in the first quarter, buoyed by its commercial business. The automaker also raised its full-year guidance, sending shares up by 2.5% in after-hours trading. Key highlights include a 36% increase in hybrid sales, an exceptional performance by the Ford Pro unit, and ongoing efforts to improve quality control. Despite a miss in adjusted free cash flow and lower EV sales, analysts remain optimistic about Ford’s potential due to its capital discipline and focus on profitable vehicles.

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