Ford Sees No Impact to EBITDA, FCF from Recent Novelis Fire
Ford and Novelis provide update on Oswego aluminum plant fire. Operations resume quickly with no injuries reported. Ford maintains 2025 financial guidance.
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Ford: Fire Hits Novelis Aluminum Plant in Scriba, NY Again
A four-alarm fire struck the Novelis plant in Scriba, NY. It’s the third fire there in two months, and the plant is crucial to automakers like Ford, which could face major losses.
Ford Partners with Amazon to Sell Certified Pre-Owned Cars Online
Ford teams up with Amazon to sell certified pre-owned vehicles through Amazon Autos, allowing customers to browse, finance, and schedule pickups at participating dealers online.
Ford Faces $2 Billion Profit Hit After Supplier Fire Despite Strong Q3 Results
Ford Motor Co. expects up to a $2 billion profit loss after a major fire at aluminum supplier Novelis disrupted production of F-150 pickups. Despite this setback, Ford posted strong third-quarter earnings and record sales.
White House to Extend Tariff Relief for US Automakers: What You Need to Know
The White House will extend tariff relief for US carmakers by five years, helping Ford, GM, and others reduce costs from Trump's import duties on auto parts and vehicles.
General Motors Takes $1.6 Billion Charge to Right-Size EV Capacity
GM booked a $1.6B charge, reducing its EV production plans. Demand is slower than expected due to gov't ending tax credits and changing rules.