FRANKFURT, Germany -- Ford Motor Co. said 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 ...
[Stay on top of transportation news: Get TTNews in your inbox.] FRANKFURT, Germany — Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing ...
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles. By Gregory Schmidt Reporting from London Ford Motor ...
“Ford has been in Europe for more than 100 years,” the company’s European vice president for Transportation and Partnerships, Dave Johnston, said on Wednesday. As the market shifts to EVs and new ...
Effective at this year's end, Ford and Navistar will restructure their existing business relationship and end their diesel engine supply contract, which dates back to 1979. Ford and Navistar had been ...
Ford and Navistar have settled a lengthy legal dispute over diesel engines. The dispute started in January 2007 when Ford filed a lawsuit against Navistar, arguing that Navistar unjustifiably raised ...
Ford plans to cut almost 4,000 jobs in Europe over the next three years, about 14% of its workforce in the region, as the carmaker faces slowing demand for electric vehicles and rising competition ...
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