Ford had already announced in February 2023 that it was planning to cut 3,800 jobs in Europe, including 2,300 in Germany and 1,300 in Britain. The company said then it was planning to reduce the ...

In January, Ford announced that it would be cutting back on production of its EV pickup, the F-150 Lightning. But the automaker had a plan to make up some ground: a large group of workers from the ...

The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles. By Gregory Schmidt Reporting from London Ford ...

Ford plans to cut almost 4,000 jobs in Europe over the next three years, about 14% of its workforce in the region, as the carmaker faces slowing demand for electric vehicles and rising competition ...

German Chancellor Olaf Scholz has called for the introduction of Europe-wide measures to increase uptake of electric vehicles, in a speech at Ford Motor Corp’s factory in Cologne, just weeks ...

Premier Doug Ford warned Canada could cut off energy flowing to the United States in retaliation for Donald Trump’s threatened 25 per cent tariffs on Canadian goods. The premier struck a much ...

US automotive giant Ford plans to cut 4,000 jobs in Europe by 2027, pointing to significant losses in recent years. The carmaker said on Wednesday that it would cut 14% of its European workforce ...

As 2024 draws to a close, many manufacturers opt for more drastic cost-cutting options as they continue investing heavily in EV technology. Major car companies like Detroit's GM, Ford, and ...

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 economic situation” and “lower-than-expected” demand for ...