#novelis-fire

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Cars
from24/7 Wall St.
6 days ago

Ford Gets a Correction to Our F-150 Lightning Story

Ford paused F-150 Lightning production at REVC, prioritizing F-150 ICE and Hybrid production while recovering from a Novelis fire and managing existing Lightning inventory.
Business
fromTechCrunch
1 week ago

Ford isn't going to make more F-150 Lightnings for a while | TechCrunch

Ford is prioritizing production of gas and hybrid F-150 and F-Series trucks over the all-electric F-150 Lightning due to higher profitability and reduced aluminum usage.
from24/7 Wall St.
1 week ago

Ford A Stronger and More Agile Company As Shares Pop Higher

The company's adjusted EBIT of $2.6 billion and operating cash flow of $7.4 billion demonstrate operational cash generation, but adjusted free cash flow of $4.3 billion signals capital intensity. More troubling: Ford Pro, the company's high-margin commercial segment, generated $2 billion in EBIT on $17.4 billion revenue-a strong 11.5% margin-but it's being offset by Ford Model e's $1.4 billion EBIT loss as the company invests heavily in EV transition.
Business
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