German electric car subsidies

Ford to slash 4,000 European jobs amid weak EV sales, rising competition

Ford to cut 4,000 jobs in Europe as falling electric vehicle sales, subsidies to Chinese rivals and insufficient government standards pose obstacles

2024-11-21 08:01:58 : Ford Motor Co. has announced plans to reduce its European workforce by 14% by the end of 2027, cutting 4,000 jobs ...