• Skip to main content

    AMU

    The words "Aluminum Market Update" in white against a dark blue background

    May 1, 2026

    AMU: Beneath the headlines: Ford, GM earnings

    Written by Nicholas Bell

    This piece was first published by SMU’s nonferrous sister publication, Aluminum Market Update. To learn about AMU, visit their website or sign up for a free trial.

    Ford and General Motors (GM) opened 2026 with results that show stability in certain parts of the business, even as overall unit volumes declined, and production conditions remained uneven. Both companies reported higher earnings and raised full-year guidance, supported in part by one-time tariff-related adjustments.

    Nicholas Bell

    Read more from Nicholas Bell

    Latest in AMU

    The words "Aluminum Market Update" in white against a dark blue background

    AMU: Edward Meir’s week in review and thoughts for the week of Oct. 12, 2026

    Base metals had a mixed week. Tin lost almost 4% on the week, finishing at $53,000/ton. Prices dropped to a low of $51,259/ton at one point. Aluminum was another loser, off by about 1.6% on the week. Investors are expecting more aluminum supply going forward, especially out of China and Indonesia. Copper prices tacked on 1.1%. They have now recovered more than half of the $700/ton loss sustained (over the course of a week) following reports/rumors in mid-September that US tariffs on refined copper imports might not proceed after all.