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Ford announces 4K job cut in EU
Ford Plans 4,000 Job Cuts in Europe as EVs Lose Momentum
Ford Motor Co. will look to eliminate another 4,000 positions in Europe, further retrenching within a region where the transition to electric vehicles is losing traction industrywide.
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
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 pressure from increased competition and weaker-than-expected sales of electric c
Ford retracts in Europe with layoffs and lower EV production
The EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same month a year ago. The German government recently ended its subsidy program for EVs, which had provided up to around €6,000 toward the purchase of new battery-electric and plug-in hybrid cars.
3d
on MSN
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 ...
2d
Ford to slash 4,000 jobs in Europe as dip in EV sales, subsidized Chinese rivals, scanty govt sops pose roadblocks
Ford Motor Co. plans to cut 4,000 jobs across Europe by 2027 as the company struggles with weak electric vehicle (EV) sales, ...
5d
on MSN
What happened when Ford paid a famous YouTuber to drive around the globe in an EV
For Ford's big new ad, YouTuber Lexie Alford drove across 27 countries in an electric Ford Explorer. The journey showed the ...
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