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Ford lifts its profit outlook after stronger-than-expected quarterly results, driven by high-margin SUV and pickup sales that mirror GM’s recent performance.
Editorial companion
Bloomberg reported Ford raised its profit outlook a second time this year after quarterly results beat expectations, attributing the upgrade to strong pricing and demand for high-margin sport-utility vehicles and pickups. That makes this clip worth watching because it shows how product mix, specifically SUVs and trucks, can temporarily lift margins and investor sentiment even as underlying profits remain lumpy, and it echoes a similar move by General Motors last week, hinting at an industry-level pricing patch.
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