Ford Motor Company said Wednesday it plans to cut 4,000 European jobs, citing what it called unprecedented competitive, ...

Most of the cuts come in Germany, which ended its EV subsidies last year. EV sales have dropped 28% so far this year.

Ford (F) announced additional job cuts in Europe as the company struggles with soft EV demand, intense Chinese competition, ...

Treasury chief secretary says families still struggling with cost of living as inflation rises back above Bank of England ...

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 ...

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 ...

Electric vehicle demand in Europe has been sluggish, with sales in Germany dropping significantly in the first nine months of ...

The EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...

The job cuts will mostly affect Germany and the UK. They follow "significant losses" in Ford's passenger vehicle operations ...

Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent years due to weak electric ...

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 ...