The EVs themselves were no problem — a Ford F-150 Lightning pickup truck and a Cadillac Lyriq, both fine motor vehicles. The ...
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 ...
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 EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...
Ford Motor Co. said that the EU's "CO2 regulations" contributed to the decision to cut their European workforce 14% by 2027.
Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent years due to weak electric ...
Ford model e segment is a significant drag on the overall profitability of the company, with a $1.2 billion loss in Q3 and a negative EBIT margin of -104.4%. Read more here.
Major automakers like General Motors, Ford, and Stellantis are scaling back their electric vehicle (EV) and autonomous car ...
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 ...
Ford will reduce workloads at its Cologne plant in Germany during early 2025, scaling back Explorer and Capri EV production ...
The Dearborn automaker faces significant setbacks in its electric vehicle plans, leading to a six-week production halt of the ...