Posted inAutomobiles Cologne (Germany) Customs (Tariff) Electric and Hybrid Vehicles Europe Factories and Manufacturing Ford Motor Co Germany Great Britain International Trade and World Market Labor and Jobs Layoffs and Job Reductions Prices (Fares, Fees and Rates) Protectionism (Trade)
Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.