Overview
- Ford will idle its Dearborn plant for a full week next week, halting F-150 Lightning production because of the Novelis outage.
- Novelis says much of its Oswego, New York facility, including the hot mill, will remain offline until the first quarter of 2026.
- Evercore ISI estimates the supply disruption could reduce Ford’s EBIT by $500 million to $1 billion.
- To fill the gap, Novelis is sourcing from plants in Europe, Brazil and South Korea, but U.S. imports face a 50% tariff that raises costs.
- The plant supplies roughly 40% of U.S. automotive aluminum sheet, affecting multiple automakers, and Ford shares fell about 6% to 7% after the news.