Germany's IG Metall union lashed out on Wednesday at plans to cut thousands of jobs at Ford, saying that the restructuring ...
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.
Ford plans to cut 4,000 jobs in plants across Europe by the end of 2027 to reduce costs, including 2,900 jobs in Germany and ...
Ford Motor Company said Wednesday it plans to cut 4,000 European jobs, citing what it called unprecedented competitive, ...
Ford continues restructuring in Europe as EV losses mount and competition intensifies. Should investors reconsider their ...
Electric vehicle demand in Europe has been sluggish, with sales in Germany dropping significantly in the first nine months of ...
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 American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand ...
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 ...
Automaker says most reductions will be in Germany and the UK, citing slowing electric vehicle sales and growing market ...
The EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...