Ford's Q1 profit jumps to $2.5B aided by $1.3B tariff refund and raised profit outlook.

Ford Motor reported a significant profit rebound in Q1, earning $2.5 billion compared to $500 million a year ago, driven partly by a $1.3 billion refund of federal import tariffs struck down by the Supreme Court. Revenue rose 6% to $43.3 billion. The company raised its full-year profit outlook by $500 million, expecting adjusted earnings before interest and taxes between $8.5 billion and $10.5 billion. Despite tariff relief, Ford faces higher commodity costs, especially aluminum, due to supply disruptions and geopolitical tensions. Vehicle sales declined 4%, and the electric vehicle division's losses narrowed compared to last year.