Ford Issues Joint Statement With Novelis, Reaffirms Guidance
"Ford Motor Company and Novelis are providing an update following a fire incident at the Novelis Oswego aluminum plant on Nov. 20. The fire was swiftly contained and the plant was safely evacuated with no injuries to employees, contractors or first responders.
As of this morning, the cold mill and heat treatment operations at the Novelis Oswego plant are back up and running. The facility continues to ship finished material to supply Ford. Novelis will continue to leverage alternate sources, including its global network of plants and industry peers, to mitigate impact.
Meanwhile, Novelis is committing to strengthen the U.S. aluminum supply chain for its customers by building a new plant in Bay Minette, Alabama, which will begin commissioning in the second half of 2026.
Ford reaffirms its full-year 2025 adjusted EBIT guidance of $6 billion to $6.5 billion and full year adjusted free cash flow of $2 billion to $3 billion.
Novelis and Ford will continue to provide updates as further details become available."
This isn't adding up, the clay models don't show anything, yet ford deleted all of them off their site. This feels like they revealed stuff on accident, and are trying to walk it back and pretend like it's nothing.