Ford Stock Plunges as Devastating Supplier Fire and Recalls Turn 2025 Into a Nightmare
Fire at Key Supplier Sparks Ford Stock Plunge Ford’s shares were hammered in early October after a “devastating” late-night fire at a crucial supplier raised alarms about production delays. The fire broke out on Sept. 16 at Novelis’s Oswego, New York plant – a facility that produces roughly 40% of the aluminum sheet used by the U.S. auto industry Chroniclejournal. Novelis, a subsidiary…