MAAT INDEX

CLAIM #24208 · Ford Motor Company (F) · 2026Q1 earnings call · Apr 29, 2026 · due May 31, 2026

We are still expecting the hot mill to restart in May.

Kumar Galhotra · COO

PENDING
graded after results covering May 31, 2026 are reported

In context

have in aluminum and steel predominantly. Joseph Spak: Okay. And then I guess just a second question, maybe -- is there any update you could provide us on the Novelis timeline? I mean, I think there was some preliminary thought it could come online in the summer. Are we sort of on track there? And if that happens, how are you thinking about that headwind you mentioned? I'm just trying to sort of figure out the phasing timing because I guess my prior assumption was that most of that Novelis headwind would have been more in the first half if it was sort of expected to ramp through the year. But I'm not quite certain that, that's sort of still the case. So maybe you could just help us with some of that cost phasing timing. Kumar Galhotra: Yes. Joe, this is Kumar. Your assumption is correct. We are still expecting the hot mill to restart in May. There are two aspects to bringing any mill back online. There's the restart itself and then there's the ramp-up. So all the enablers for both of these aspects are on track. In the event the relaunch doesn't go according to plan, we do have contingency plans in place. That means we have additional aluminum supply to ensure our plant production schedules aren't interrupted. So the mill should be back online. And if we have any hiccups, we have contingency plans for the rest of the year. James Farley: And Joe, as you would expect -- it's Jim, we have by grade, we have several grades by step in the process. We track it every day. We know exactly the situation we have, the float we have. And we also have learned how to back up the aluminum supply, as Kumar said, in case the mill ramps slower o

Verify independently

SEC filings for F · Claim quote is verbatim from the 2026Q1 earnings call.