Ford falls after fire ignites at aluminum supplier Novelis' plant

Ford Motor's shares F.N fall 3.3% to $12.48

Fire ignited at Novelis' aluminum plant in Oswego, New York, that supplies Ford's lucrative F-150 truck line

"Everyone working at the plant was safely evacuated. Multiple local fire departments responded, and the fire is now under control," a Novelis spokesperson said

A similar fire at that plant in September led to Ford cutting its profit forecast, citing a gross hit of up to $2 billion from the incident

Novelis supplies other automakers, including Toyota 7203.T and Stellantis STLAM.MI, but Ford is a major consumer because its F-150 trucks use a mainly aluminum body

Including session moves, stock had risen 26% YTD