Ford to cut 4,000 jobs in Germany and the United Kingdom

The automaker attributed the losses to insufficient government support for electric vehicle production, weak demand for them and growing competition from Chinese companies. Ford clarified that the cuts should occur at the end of 2027, the company plans to eliminate 2.9 thousand jobs in Germany and 800 in the United Kingdom, as well as reduce production volumes of the Explorer and Capri electric models at the plant. Cologne.

Ford is not the first to reduce production in Germany. At the end of October it emerged that Volkswagen would close at least three factories in this country and lay off “tens of thousands” of employees amid falling demand for the company’s cars in China and Europe.

As Reuters notes, Ford’s European division is undergoing a “painful restructuring.” In February 2023, the automaker announced that it intended to eliminate 3.8 thousand jobs. In July 2024, the company announced it would close the Saarlouis plant in 2025. In November, Ford said it would reduce shifts at its main Cologne plant.

In October, the European Commission approved tariffs of up to 35.3% on the import of electric vehicles from China. The measure will be valid for five years. Previously, sources told Bloomberg that EU countries had agreed to introduce such tariffs. According to the agency’s interlocutors, the EC could set duties of 45%.