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

Ford plans to cut 4,000 jobs in plants across Europe by the end of 2027 to reduce costs, including 2,900 jobs in Germany and ...

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

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

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

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 American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand ...

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 ...

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

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 ...

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