Ford Stock Rocked by EV Slump & $1B Shock – Will Q3 Turn the Tide?
Ford shares traded near $12 on Oct. 21, steady from last week but still up about 20–25% for the year. A fire at a key Novelis supplier plant in September is expected to cut 2025 earnings by $500 million to $1 billion and disrupt F-150 production into 2026. Ford leads U.S. automakers in recalls this year, with 109, and faces a $165 million fine for slow recall execution. Third-quarter earnings are due Oct. 23.