Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Ford Sees Up to $2B Profit Hit on Key Supplier Fire
Posted
October 23, 2025
Views
3,012
Likes
31
Comments
10
Engagement
1.36%
October 23, 2025
3,012
31
10
1.36%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
10:09Now PlayingFord Motor Co. expects a profit hit of as much as $2 billion after a devastating fire at a key supplier of aluminum for its top-selling F-150 pickup truck, overshadowing financial results that exceeded expectations.
The automaker now expects full-year adjusted earnings before interest and taxes of $6 billion to $6.5 billion, down from as much as $7.5 billion under its previous guidance, the company said as it announced third-quarter earnings Thursday. The low end of that new range represents a 41% drop from the $10.2 billion Ford earned by that measure last year.
The announcement is Ford’s first detailed accounting of the damage it expects from a Sept. 16 fire at Novelis Inc.’s aluminum factory in Oswego, New York, that has disrupted a critical supplier to some of its most important vehicles. The Novelis plant is Ford’s top provider of aluminum for its highly profitable F-Series pickups and large sport-utility vehicles, the Expedition and Lincoln Navigator. The automaker has already reduced production of some of those models.
The impact will reduce Ford’s production by about 100,000 vehicles this year, though the company expects to largely recover that shortfall next year, Ford Chief Executive Officer Jim Farley said.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
