Electric vehicle demand in Europe has been sluggish, with sales in Germany dropping significantly in the first nine months of ...
Ford Motor Company said Wednesday it plans to cut 4,000 European jobs, citing what it called unprecedented competitive, ...
Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from ...
Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and ...
The EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...
Most of the cuts come in Germany, which ended its EV subsidies last year. EV sales have dropped 28% so far this year.
Ford has announced plans to reduce its workforce in Europe by around 4,000 employees, 2,900 of them at the German plant in ...
Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising ...
US automaker Ford Motor has announced plans to cut an additional 4,000 jobs mostly in Germany and the UK amid falling demand ...
Under the so-called Zero Emission Vehicle (ZEV) Mandate, which came into force this year, at least 22% of cars sold must be ...
Most of the jobs Ford intends to cut will be in Germany with some 2,900 layoffs expected. The US carmaker urged Berlin to set ...
Ford has been undergoing a painful restructuring in Europe, announcing 3,800 job cuts in February 2023. It is closing its ...