Ford to Cut 4,000 Jobs in Europe Amid EV Challenges, Union Vows Resistance

November 20, 2024
Ford to Cut 4,000 Jobs in Europe Amid EV Challenges, Union Vows Resistance
  • In a related development, Ford has postponed the end of Focus production from May 2025 to November 2025, indicating ongoing adjustments in its manufacturing strategy.

  • The automotive industry in Germany is facing additional pressures from political instability and rising trade tensions with China, complicating the market landscape.

  • Industry experts emphasize the need for stable environmental policies, such as continued consumer incentives and improved charging infrastructure, to boost electric vehicle sales.

  • Despite these challenges, Ford aims to remain competitive in Europe by concentrating on software-defined vehicles and its commercial Ford Pro business.

  • Ford Motor Co. is set to cut 4,000 jobs in Europe and the U.K. by the end of 2027, citing economic challenges, increased competition, and disappointing electric vehicle (EV) sales.

  • Notably, the layoffs will not affect Ford's UK facilities in Dagenham and Halewood, which are focused on diesel engines and electric vehicle motors.

  • The labor union at Ford has expressed strong opposition to the job cuts, with union leader Benjamin Gruschka calling it a 'black day for Ford' and vowing to resist the layoffs.

  • Manufacturers, including Ford, are calling for more time and government support to meet the rapid implementation of electric vehicle mandates, which they argue is currently unsustainable.

  • Despite a significant investment of $50 billion in 2023 to develop new EVs, Ford has struggled to meet production expectations, leading to a restructuring of its management team.

  • Looking ahead, Ford is focusing on developing smaller, more affordable electric vehicles, with plans for a new electric truck expected to launch in 2027.

  • Dagenham and Halewood facilities are protected from job cuts, as they are crucial for producing diesel engines and developing electric vehicle components.

  • As the automotive sector navigates these turbulent times, discussions around labor and employment are expected to intensify, particularly in light of the upcoming Bundestag elections.

Summary based on 44 sources


Get a daily email with more World News stories

More Stories