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Ford adjusted EBIT jumps 90% in H1 2026 while Q2 revenue falls 4%: How it navigated aluminium and low sales pressures

Ford's first-half 2026 results raise an interesting question: how did the automaker almost double adjusted EBIT when revenue grew by less than 1 per cent? The answer lies less in selling more vehicles and more in what Ford sold, how it priced them and where it managed to reduce losses. At the same time, the company faced lower wholesale volumes, aluminium supply constraints and a sharp decline in cash generation. Revenue barely moves, but earnings tell a different story Ford's total revenue ...

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Oswego restart, Bay Minette aluminium project fuel Novelis’ 71% Q1 FY27 profit

Hindalco subsidiary Novelis has expanded its aluminium rolling and recycling footprint through the continued commissioning of its Bay Minette greenfield site in Alabama and the restart of its Oswego hot mill in New York. The twin milestones propelled the company’s performance in the first quarter of fiscal year 2027 (Q1 FY2027), backed by higher aluminium prices, operational efficiencies and steady demand for sustainable aluminium solutions. Steve Fisher, President and CEO of Novelis, said, " ...

Downstream

Novelis Korea executive to lead KONMA's new Aluminium Committee

Novelis Korea has announced that Choi Min-young, the company's Director of Government Affairs, has been appointed the inaugural chair of the Aluminium Committee of the Korea Nonferrous Metals Association (KONMA). KONMA is an industry association that supports the development of South Korea's nonferrous metals industry and works to improve the competitiveness of its member companies. The Aluminium Committee was established this year to promote the sustainable development of the aluminium indus ...

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