Ford has announced that from January the historic Cologne, Germany -Factory – which now only makes EVs – will burn from two services to one because of the low European demand for its EVs, resulting in the loss of a maximum of 1,000 jobs, according to a Reuters report. Voluntary redundancy packages are offered to the affected.
This step is part of a restructuring that the car manufacturer is going through in Europe that will also see his Saarlouis factory close by. In November, Ford announced that it would reduce its European workforce (usually in Germany and the VK) by 4,000 by the end of 2027, to “create a more cost-competitive structure and to guarantee sustainability in the long term and growth of its activities in Europe.”
Ford’s decision to stop making the Fiesta and Focus, and US $ 2 billion (RM8.4 billion) to invest an EV -production hub that the Explorer and Capri EVs (both based on the Meb platform of Volkswagen) still make dividends on the European market.
However, it is going well in the US-Ford there last year 2.08 million units, which is a year on year on an annual basis and its best performance since 2019. Last month it revealed its Universal EV platform, which will first support a medium-sized double Cabs-Pick-up truck in 2027.
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