Ford Motor Co. on Tuesday posted first-quarter net income of $1.8 billion , up from a $3.1 billion loss a year earlier, and reaffirmed its full-year guidance as the company bounces back from global supply chain shortages.
Its adjusted earnings before interest and taxes rose 45 per cent to $3.4 billion. A majority of that — $2.6 billion — came from Ford Blue, the company's gasoline-powered business.
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