Ford Motor Company’s $1.3 Billion Tariff Refund Lifts Outlook, But the F-150 Problem Still Bites
Ford Motor Co raised its 2026 profit forecast after booking a $1.3 billion expected tariff refund, lifting its adjusted EBIT outlook to $8.5–$10.5 billion. First-quarter revenue rose 6% to $43.3 billion, with net income at $2.5 billion. F-150 production dropped 12% in Q1 after supplier fires, and inventory fell 38% year-on-year in April. Ford still expects $1 billion in net tariff costs this year.