Ford’s EV struggles continue as ‘rapidly deteriorating’ market conditions take a toll
Ford says a “rapidly deteriorating” EV market is to blame as it plans to slow the output of more electric models. Starting next week, employees at Ford’s Cologne EV plant in Germany will be put on short-term work hours.
Ford job cuts signal a bumpy road ahead for EV motor finance
The automotive industry’s struggle with weaker-than-expected EV sales, coupled with rising competition from low-cost Chinese manufacturers, highlights the uncertainty that still plagues the market. Ford’s own sales have dipped sharply in Europe ...
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 ...
To counter slowing EV demand, Ford is pulling every fiscal string possible in order to move F-150 Lightning and Mustang ...
Ford is cutting 4,000 jobs in its European workforce, noting that the industry shift to electric vehicles has been “highly ...
Ford's plan to go all-electric in Europe by switching to EVs built on Volkswagen's MEB architecture didn't pan out, and there ...
In May 2023, Ford triggered a transformation when the U.S. automaker locked in a deal to give owners of its EVs access to the Tesla Supercharger network. TechCrunch is tracking which brands have ...
China’s EV giant BYD is aggressively expanding overseas. As it finalizes plans for yet another EV manufacturing plant, this ...
It's not a surprise that the Ford F-150 received the best certified pre-owned award. It is a surprise it's the Ford F-150 Lightning. Dealers can't sell the EV, and Ford is paying them to move it out.
The workers at Michigan Assembly Plant will be relocated to either the Dearborn Engine Plant or Monroe Parts Depot in the ...
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