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The Latest Breaking News from Novelis

Hindalco shares rise 2% on Novelis' upbeat commentary; US arm reports $84 million net loss

Hindalco shares gained 2% after US arm Novelis plans to reopen its Oswego hot mill sooner than anticipated, despite a higher projected cash flow hit from plant fires. The company foresees significant cost savings and aims for positive free cash flow by year-end. While sales rose, net loss widened, and…

The Economic Times

The Ford F-150 Lightning's Struggles Are A Terrifying Lesson For The EV World

The Ford F-150 Lightning's Struggles Are A Terrifying Lesson For The EV World

Shoppers are clearly interested in the Lightning. But Ford hasn't been able to get them to buy, for one major reason.

Stellantis Beats Market Estimates With 13% Q3 Revenue Surge, CEO Says $13 Billion Investment To Increase US Production By 50%

Stellantis Beats Market Estimates With 13% Q3 Revenue Surge, CEO Says $13 Billion Investment To Increase US Production By 50%

Stellantis NV (NYSE:STLA) posted its third-quarter earnings recently, beating market expectations on revenue as CEO Antonio Filosa outlined major U.S. investment amid autonomous driving collaboration with Nvidia Corp (NASDAQ:NVDA).

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Former Ford CEO Mark Fields Says US EV Demand Will See 'Gradual Growth' As Customers Pivot Away From Combustion Vehicles In Long Term

Former Ford Motor Co. (NYSE:F) CEO Mark Fields predicts that the demand for electric vehicles in the U.S. will grow long-term as customers shift away from ICE-powered vehicles.

Ford Is Pausing F-150 Lightning Production To Focus on Gas Trucks

Ford F-150 Lightning production will remain paused for the foreseeable future. After the devastating fire at Novelis's aluminum plant in Oswego, New York, the automaker will shift its production priorities, increasing gas and hybrid F-Series output in the first quarter of 2026.

Fire At Key Ford Supplier Also Affects Rival Stellantis As Automaker Shuts Down Warren Plant Over Parts Shortage: Report

Stellantis NV (NYSE:STLA) is reportedly halting production at its Warren, Michigan, plant, producing the Jeep Wagoneer SUV, due to a fire incident at a supplier.

Why General Motors Backed Out Of Its EV Lease Credit Plan

Plus, Ford dials back F-150 Lightning production, and the Feds threaten to pull back $1.1 billion in grants from GM and Stellantis.

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Ford Stock’s Joyride Halts On F-150 Woes: Should You Panic Sell F or Stay Put?

Ford Stock’s Joyride Halts On F-150 Woes: Should You Panic Sell F or Stay Put?

Ford stock crashed yesterday after reports of a fire at Novelis’s Oswego plant, which produces aluminum for U.S. automakers, including Ford’s popular F-150 pickup. Is it time to panic-sell the stock or stay put?

Ford, Nissan Could Jointly Develop Japanese Automaker's Next Electric SUV, Stellantis Also In The Mix: Report

Ford, Nissan Could Jointly Develop Japanese Automaker's Next Electric SUV, Stellantis Also In The Mix: Report

Michigan-based automakers Ford Motor Co. (NYSE:F) and Stellantis NV (NYSE:STLA) are reportedly in talks with Japanese automaker Nissan Motor Co. Ltd. (OTC:NSANY) to develop the company's next SUV, which could be an electrified version of the Rogue SUV.

Ford Down 1.5% Pre-Market As Fire At Key F-150 Supplier Could Disrupt Operations For Months: Toyota, Jeep-Maker Stellantis Also Affected

Ford Down 1.5% Pre-Market As Fire At Key F-150 Supplier Could Disrupt Operations For Months: Toyota, Jeep-Maker Stellantis Also Affected

A fire, which took place on September 16, at a key Ford Motor Co. (NYSE:F) supplier, could disrupt the company's production operations for months.

Can Iceland help the U.S. clean up its aluminum industry?

Can Iceland help the U.S. clean up its aluminum industry?

With Trump’s tariffs driving up prices, we’re reminded that aluminum shouldn’t be wasted—and Iceland may hold the key to its circularity.

Ball, Novelis Boost Recycled Content Of Ball Aluminum Cup To 90%

Ball, Novelis Boost Recycled Content Of Ball Aluminum Cup To 90%

Ball Corp (NYSE:BLL), along with aluminum recycler and supplier Novelis, has raised the recycled content of Ball Aluminum Cup to 90%. Ball designed the lightweight aluminum cups to bring beverage packaging circularity to sports and entertainment venues. Producing the cup with 90% recycled content reduces its carbon footprint. The aluminum cup, manufactured in…

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