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. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from ...

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 continues restructuring in Europe as EV losses mount and competition intensifies. Should investors reconsider their ...

Ford plans to eliminate 4,000 jobs by 2027, focusing layoffs in Germany and the UK. Its European passenger vehicle ...

Ford will cut 4,000 jobs, nearly 2.3 per cent of its total workforce of 174,000, primarily in Germany and Britain, to reduce ...

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

Automaker says most reductions will be in Germany and the UK, citing slowing electric vehicle sales and growing market ...

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

Big changes to the global EV market are taking a toll on car companies like Ford and GM.

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 ...