Ford is launching an overhaul of its European business that is expected to include thousands of job cuts, plant closures and the scrapping of low-profit models amid a storm of bad news for global car makers.

Topics:  european   ford   
BING NEWS:
  • 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.
    11/20/2024 - 5:51 am | View Link
  • Ford to slash 4,000 jobs in Europe amid economic headwinds and weak EV sales
    Of the total, 2,900 jobs would be lost in Germany ... Volkswagen has said it is contemplating closing as many as three of its German plants, according to its chief employee representative. European ...
    11/20/2024 - 5:00 am | View Link
  • Ford to cut thousands of jobs in Europe blaming poor EV sales and economy
    The job cuts, which will account for around 14% of the company's total European workforce, are expected to happen by the end of 2027. View on euronews ...
    11/20/2024 - 1:52 am | View Link
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