Ford Posts Surprise Profit on Surging Prices of Scarce CarsBy and
Automaker lifts full-year outlook, sees annual profit tripling
Strong demand in home market of North America powers earnings
The automaker on Wednesday also raised its full-year forecast for adjusted earnings to a range of $9 billion to $10 billion before interest and taxes. That’s an increase of about $3.5 billion from its previous projection and at least triple what it made last year.