Reported 1 day ago
Ford exceeded Q3 earnings expectations but anticipates a $1.5 billion hit to its EBIT due to a fire at the Novelis aluminum plant, impacting F-150 production. The automaker also lowered its full-year guidance but plans to increase truck production in 2026. Despite challenges, Ford enjoyed strong sales, particularly in trucks and electric vehicles, achieving its best EV sales for the quarter.
Source: YAHOO