MORE ALUMINIUM FOR CARS * USA: Ford and Alcoa expand deal to supply
* Michigan - Ford Motor Co. reached a new supply deal with Alcoa Inc.
-- That would expand its use of aluminum in the car maker's F-150 pickup truck and other vehicles, a leg up for the lightweight metal in an industry that has long favored steel... The agreement will allow Ford to use more sophisticated aluminum alloys that will debut this year on the company's top-selling truck and eventually find their way to other Ford models over time... The No. 2 U.S. auto maker already uses aluminum from a number of suppliers for the F-150's body. Alcoa's new aluminum-casting technology will allow the Dearborn, Mich., auto maker to make more parts--such as fenders--using the metal, company officials said on Monday... For Ford, the deal expands an already more aggressive embrace of aluminum than rivals. The F-150 truck, the company's best-selling and most profitable model, is the industry's first mass-market vehicle with an aluminum body. Using the metal, Ford cut the truck's weight by about 700 pounds compared with a prior model and boosted fuel efficiency by between 5% and 29%... The contract is crucial for Alcoa, the largest U.S. aluminum producer by volume, which aims to grow its automotive-aluminum sheet business to $1.3 billion in 2018, up from $229 million in 2013. Deals like the one struck with Ford would help it combat falling aluminum prices and a weaker economy in China, a big aluminum purchaser... Aluminum is mostly found in engine parts, hoods and truck lids...
(Photo: The new Ford Racing aluminum Boss 351 block serves as the basis for the new 427 crate engines) -- Dearborn, MICH, USA - MarketWatch, by Christina Rogers - Sept 15, 2015
Labels: trucks parts
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