Big changes to the global EV market are taking a toll on car companies like Ford and GM.

Most of the cuts come in Germany, which ended its EV subsidies last year. EV sales have dropped 28% so far this year.

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 is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and ...

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 ...

Ford F is set to reduce its European workforce by around 4,000 employees, approximately 14% of its regional headcount, citing ...

Ford has announced plans to create a more cost-competitive structure by further reducing its European workforce by 4,000, ...

Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising ...

Ford plans to cut another 4,000 jobs in Europe by the end of 2027 as part of its restructuring. The company blamed the “weak ...

The EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...