Ford reaffirms FY2025 guidance after supplier Novelis plant fire; operations mostly restored

FORD MOTOR CO

Fire at Novelis Oswego plant on Nov. 20 contained; no injuries; cold mill and heat treatment operations now running.
Novelis leveraging global plant network and industry peers to mitigate supply impact.
Novelis to build new aluminum plant in Bay Minette, AL; commissioning starts H2 2026.
Ford reaffirms FY2025 adjusted EBIT guidance of $6B-$6.5B and adjusted free cash flow $2B-$3B.
Oswego facility continues shipping finished material to Ford.

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