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Ford to cut 4,000 jobs in Europe
Ford To Cut 4,000 Jobs in Europe, Cites Weak EV Sales and Economic Pressures
Electric vehicle demand in Europe has been sluggish, with sales in Germany dropping significantly in the first nine months of 2024.
Ford to cut European jobs as EV shift, Chinese rivals take toll
Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent years due to weak electric vehicle demand, poor government support for the EV shift and competition from subsidized Chinese rivals.
Ford to cut 14% of European workforce amid weak demand for EVs
Most of the cuts come in Germany, which ended its EV subsidies last year. EV sales have dropped 28% so far this year.
1h
Ford denies it was hit by data breach, says customer data is safe
Ford has denied suffering a data breach frecently, saying the information circulating around the web belongs to a third party ...
2d
on MSN
Ford’s troubles continue. Its stock price slumps as automaker plans job cuts
Ford outlined plans to lay off 4,000 employees in the U.K. and Germany in response to a series of losses it blamed on ...
1d
on MSN
Ford to reassign 400 assembly workers to nearby plants as Bronco sales drop
The workers at Michigan Assembly Plant will be relocated to either the Dearborn Engine Plant or Monroe Parts Depot in the ...
1d
Ford Sues Company For Body-Swapping New Broncos with Classic Bronco Design
Ford is serious about protecting its most iconic nameplates. Ford filed a formal complaint in the US District Court for the ...
1d
The 2025 Ford Escape compact SUV: A roomy cabin and impressive fuel economy at a nice price
The 2025 Ford Escape compact SUV impresses with four powertrain choices, cutting-edge tech, plus a comfortable and spacious ...
13h
on MSN
USC WR Kyle Ford, who spent last season at UCLA, brings unique perspective to rivalry game
The usual rivalry week platitudes were present ahead of the 94th game between Southern California and UCLA on Saturday night.
11h
Crossroads Ford reacts to being sponsor of Raleigh Christmas Parade
“Saturday Night Live” alum Ana Gasteyer reflected on her six-year stint on the show on the latest episode of Bowen Yang and ...
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