Reported about 13 hours ago
Ford reported strong third-quarter results but anticipates a significant financial impact from the Novelis aluminum plant fire, projecting an EBIT hit of $1.5 billion to $2.0 billion in 2025. The automaker adjusted its full-year guidance downwards, citing disruptions in production and tariffs costing the company $700 million in Q3. Despite these challenges, Ford plans to increase F-150 and F-Series production by over 50,000 trucks in 2026 to meet demand, while also achieving record EV sales.
Source: YAHOO