Ford to cut 4,000 jobs in Europe, cites disruptive shift to electric vehicles, economic headwinds
Wednesday, 20 November 2024 () 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 the economy and pressure from increased competition and weaker-than-expected sales of electric cars. Ford said most of the job cuts would come in Germany and would be carried out in consultation with employee representatives. The company said that it would also reduce working time for workers at its Cologne, Germany plant where it makes the Capri and Explorer electric vehicles.
Stellantis N.V. today unveiled the STLA Frame platform, a BEV-native, multi-energy platform engineered for full-size body-on-frame pickup trucks and SUVs – a critical segment in North America and select global markets.
Full-size truck and SUV owners demand uncompromised power and durability and...
With the new Proace Max, Toyota is presenting its first 3.5-ton van in the largest and most versatile segment of light commercial vehicles for Europe. The Proace Max is available in numerous body..
BYD, the world leader in plug-in and battery-electric vehicles, is launching the BYD SEALION 7 in Europe. This new model combines sports car performance, an elegant SUV design, cutting-edge electric..
With the new Proace Max, Toyota is presenting its first 3.5-ton van in the largest and most versatile segment of light commercial vehicles for Europe. The Proace Max is available in numerous body..
Wednesday, 20 November 2024 ()
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