Some snippets: >With the global aluminum price at about $3,500 a metric ton, the tariff and delivery-related charges raise the U.S. price to $6,100, compared with $3,220 paid a year ago, according to S&P Global Energy. >The pain is espec...
Some snippets: >With the global aluminum price at about $3,500 a metric ton, the tariff and delivery-related charges raise the U.S. price to $6,100, compared with $3,220 paid a year ago, according to S&P Global Energy. >The pain is especially acute at Ford. The Dearborn, Mich.-based automaker switched the F-150—America’s bestselling vehicle—to an aluminum exterior body from steel in 2014. >Ford executives said on an earnings call this past week that the company has doubled its expected commodity costs from $1 billion this year to $2 billion, largely because of rising aluminum costs. >Ford sold about 160,000 F-Series trucks in the first quarter of this year, down from 190,000 the same period last year, according to Motor Intelligence. submitted by /u/TheManFromFairwinds [link] [comments]
