Categories: Business

Ford reaffirms annual EBIT guidance after latest aluminum supplier fire

DETROIT (Reuters) -Ford Motor stood by its annual EBIT guidance of $6 billion to $6.5 billion for this year following another fire this week at aluminum supplier Novelis' New York plant, reaffirming the outlook it revised because of production disruptions from a devastating blaze at the supplier's plant in September.  The carmaker in October cut its profit forecast, citing a gross hit of up to $2 billion from the incident. Ford expects to offset about $1 billion of that next year by increasing production at certain truck plants, it said in October. (Reporting by Nora Eckert; Editing by Chris Reese)

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