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FORD PRODUCTION DISRUPTION
Hindalco sees 5% rise in raw material costs, stays confident on key customersHindalco anticipates a 5% rise in raw material costs. The company is confident in keeping clients like Ford Motor Company. Subsidiary Novel...- Behind tariffs and tech curbs, US and China are learning to coexist as rivalsDonald Trump arrives in Beijing for a summit amid ongoing trade and technology disputes. Two cycles of US-initiated actions and Chinese cou...
- Hindalco sees up to $1.6 billion impact from fire at unit's New York plantEarlier in the day, Ford Motor flagged that it saw lower production in the fourth quarter due to the Novelis fires, with a partial recove...
- Ford stock surges after Q3 earnings beat expectations despite Novelis plant fire hitting guidance - here's what investors need to knowFord stock saw a significant rise following better-than-expected third-quarter financial results. However, a fire at an aluminum plant will...
- Fire at Ford supplier set to disrupt business for months: ReportA fire at Novelis' Oswego plant, a key supplier of aluminum to Ford and other automakers, will cause disruptions for months. Ford is expect...
- China okays rare earth licences to suppliers of top three US auto companiesChina's dominance of the critical mineral industry, key to the green energy transition, is increasingly viewed as a key point of leverage f...
- Ford shares take a hit as Donald Trump’s tariff war disrupts US auto industryFord shares dropped over 4% following US President Donald Trump’s new tariffs on Mexico, Canada and China, raising concerns about supply ch...
- UAW strike: Ford temporarily lays off 600 employees, GM to ‘idle 2000 workers’, Union responds amid negotiationsThe United Auto Workers (UAW) strike against General Motors (GM), Ford, and Stellantis, collectively known as the Big Three automakers, has...
- Ford's pain underscores uneven impact of two-year auto chip shortageFord said on Thursday it left billions of dollars on the table that were within its control and blamed a 100,000 vehicle shortfall in its f...
- Ford to cut up to 3,200 jobs in Europe, union says, vowing a fightFord plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany's IG Metall union sai...
- Ford to cut thousands of jobs in transition to electric: US mediaThe group is expected to announce the elimination of more than 4,000 jobs in the coming weeks, according to the Wall Street Journal, which ...
- A Ford problem more than an India oneIt is US automakers who seem quick to exit — General Motors quit in 2017 — what with a huge market back home and major disruptions — electr...
- Ford to speed up push to electric autos, digitizationThe US auto giant, released fourth-quarter and annual results, and said it plans $22 billion in electric car investment through 2025, nearl...
- Semiconductor shortage: Automakers actively engaging with supply partners to mitigate impactThe usage of semiconductors in the auto industry has gone up globally in recent times with new models coming with more and more electronic ...
- Mahindra-Ford joint venture plans called off due to changing global economic conditionsChanges were influenced due to separate decisions by Ford and Mahindra to reassess their respective capital allocation priorities. The US c...
- Ford told UK PM May it could move business overseas because of BrexitFord told May it may have to use alternatives sites outside Britain, said the source who spoke on condition of anonymity.
- Ford to cut thousands of jobs in Europe, eyes plant closuresFord last year kicked off a company-wide $11-billion restructuring after both Europe and Asia swung to losses and costs to invest in electr...
- Rain disrupts production at Apollo Tyres Oragadam plantThe plant manufactures truck and bus radial tyre, and with the expansion plans its capacity would increase from 8,900 tyres per day to 12,0...
- Chrysler, GM shutdowns may skid Ford's plansFord Motor, the only self-sufficient US automaker, may be hobbled should prolonged shutdowns at Chrysler and General Motors lead to failure...
- Ford loses $5.9 bnFord Motor Co. announced Thursday a quarterly loss of 5.9 billion dollars, capping a nightmarish year, but said it had "sufficient liquidit...
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