Core Insights - Ford Motor Co. shares increased by 10% in intra-day trading following third-quarter earnings that exceeded expectations, driven by strong demand for SUVs and pickup trucks [1] - Net income for the third quarter rose to $2.4 billion, a significant increase from $900 million a year earlier, with earnings per share at $0.45, surpassing LSEG's estimate of $0.36 [1] Financial Impact - The financial impact from U.S. tariffs has decreased significantly, now estimated at $1 billion compared to a previous estimate of $3 billion in July, attributed to expanded federal tax credits for domestic auto and engine production [2] - CFO Sherry House indicated that Ford would have raised its full-year outlook if not for a fire at supplier Novelis' aluminum plant, which disrupted F-150 truck production and is expected to incur pre-tax costs of $1.5 billion to $2 billion [2] Guidance Adjustments - CEO Jim Farley stated that the company is working to mitigate the expenses from the Novelis incident but has lowered its full-year EBIT guidance to a range of $6.0 billion to $6.5 billion, down from the previous range of $6.5 billion to $7.5 billion [3]