Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow

Ford to cut 4,000 jobs in Europe, cites disruptive shift to electric vehicles, economic headwinds

World - Yahoo News - November 20

Ford to cut 800 UK jobs as electric car sales stall

The move is part of a wider restructuring programme, which will see 4,000 posts closed across Europe.

Ford to cut 4,000 jobs in Europe

Headcount reduction comes as industry faces pressure over EV switch and competition from China

Business - Financial Times - November 20

Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe

Ford is cutting 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 ...

World - ABC News - November 20

Ford plans to cut 4,000 jobs in Europe, including 2,900 in Germany

World - Yahoo News - November 20

Ford to Cut 4,000 Jobs in Europe in Cost-Saving Drive

Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.

Business - The Wall Street Journal - November 20

Ford Slashes Thousands Of Jobs In Europe

World - Yahoo News - November 21

How a second Trump administration could affect electric vehicle sales

Electric vehicle sales hit an all-time high this summer, but some worry the incoming Trump administration could put a dent in sales. Ryan Yamamoto explains why.

The UK will consult on sales targets for automakers during the transition to electric vehicles

Britain’s new Labour government will launch a consultation on sales targets set for auto manufacturers during the transition to electric vehicles

World - ABC News - 2 days ago

Ford plans to cut 2,900 jobs in Germany by the end of 2027

World - Yahoo News - November 20

Ford to cut 4,000 European jobs amid economic and EV challenges

World - Yahoo News - November 21

Ford's October vehicle sales increase 15.2% from subdued levels due to labor strike in 2023

Ford on Monday reported a 15.2% increase in U.S. new vehicles sales in October compared with subdued levels during a union strike in October 2023.

Business - CNBC - November 4

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned

World - ABC News - November 7

Europe's Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts

Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.

Business - The Wall Street Journal - November 5

Ford’s troubles continue. Its stock price slumps as automaker plans job cuts

Ford outlined plans to lay off 4,000 employees in the U.K. and Germany in response to a series of losses it blamed on unprecedented competitive, regulatory and economic headwinds in Europe’s car ...

Business - MarketWatch - November 20

Trump Won. What Will Happen to Electric Vehicles?

Thanks to Elon Musk’s influence, the president-elect has waffled on the future of America’s electric transition.

Tech - Wired - November 6

Will Musk Influence Trump on Climate Change and Electric Vehicles?

The Tesla billionaire is a key figure in the president-elect’s orbit. One question is whether his views on climate and clean energy will have any sway.

World - The New York Times - November 8

Beijing and Brussels tariff talks on electric vehicles continue

World - Yahoo News - November 8

Recall affects roughly 240,000 electric vehicles

Some 240,000 electric vehicles are being recalled because of the risk they could lose power while being driven. Some of the affected models include Kia vehicles and the Hyundai Genesis.

Newsom Challenges Trump on Electric Vehicle Tax Credits

Gov. Gavin Newsom said California would fill the void for residents if the Trump administration killed a $7,500 E.V. tax credit.

Top stories - The New York Times - 4 days ago

Ford to pause production of F-150 Lightning electric pickup trucks

Ford is temporarily halting production of its F-150 Lightning electric pickup truck as motorists cool on EVs.

Ford reduces working hours at German electric car manufacturing site

World - Yahoo News - November 12

Ford calls for incentives to buy electric cars as backlash grows

The government faces pressure from the industry to make changes to electric vehicle sales quotas.

STMicroelectronics Sees Slowing Sales and Profit Growth

STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...

Business - The Wall Street Journal - November 20

How Trump Could Upend Electric Car Sales

Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.

Top stories - The New York Times - 4 days ago

How Trump Could Upend Electric Car Sales

Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.

Tech - The New York Times - 4 days ago

Volkswagen, BMW top Tesla for new electric vehicles in Germany

World - Yahoo News - November 8

What a second Trump term means for car prices and electric vehicles

Car shoppers who have held off on buying a vehicle due to affordability concerns are unlikely to see relief if President-elect Donald Trump imposes the new tariffs he proposed during his campaign.

Business - MarketWatch - November 11

Trump's win could sharply raise the cost of electric vehicles. Here's why.

Americans looking to purchase EVs may want to do so quickly, as the incoming administration is likely to axe a $7,500 tax credit.

Electric Vehicle Companies, Battery Makers Urge Trump to Keep Tax Credits

The Trump transition team wants to kill the $7,500 consumer tax credit for electric-vehicle purchases.

Business - Inc. - November 15

Kentucky Electric Vehicle Battery Production Workers Attempt to Unionize

Workers who build electric vehicle batteries are hoping to achieve better working conditions.

Business - Inc. - November 20

Automakers Want Trump to Keep Federal E.V. Regulations in Place

Donald J. Trump promised to erase Biden tailpipe rules that are designed to get carmakers to produce E.V.s. But Detroit wants to keep them.

Business - The New York Times - November 22

How to Cut AI's Appetite for Electricity and Water

Artificial intelligence doesn’t have to be such a power guzzler. Here’s how to make it less hungry.

Business - The Wall Street Journal - November 21

Ford to halt production of electric F-150 Lightning next month until January

Ford plans to halt production of the F-150 Lightning until January to address high inventories and reduce losses of the all-electric pickup trucks.

Business - CNBC - October 31

Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow

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