Ford Stock Rises 4% Despite Louisville Plant Shutdown Following UPS Crash
Ford shares climbed nearly 4% on Wednesday despite a temporary shutdown at its Louisville Assembly Plant. The facility halted operations after a fatal UPS cargo plane crash NEAR the site, marking the deadliest incident in UPS history. Workers were evacuated as a precaution, though production impacts appear minimal.
The plant manufactures Ford Escape and Lincoln Corsair models—both scheduled for discontinuation later this year. Market reaction suggests investors view the disruption as inconsequential to Ford's broader operations. The automaker's resilience contrasts with ongoing challenges in its electrification strategy and market share battles.