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The Economic Times

Top News / The Economic Times

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Ford raises annual profit forecast again as truck demand stays strong

Ford Motor has increased its annual profit forecast for the second time this year. Resilient customers are purchasing the company's expensive pickup trucks, boosting results. Second-quarter core profit rose nearly twenty percent, offsetting tariff costs. Ford's electric vehicle sales declined, but a new electric pickup is planned. The automaker is partnering with global companies to increase electric vehicle production.

29 Jul 2026 7:13 am