Ford to Slash Jobs in UK Amidst Struggles with EV Demand and Regulations
2 minutes ago
- Ford to cut 800 UK jobs due to low demand for electric vehicles.
- Europe restructuring results in 4,000 job cuts, including in Germany.
- Ford faces pressure from government zero-emission targets.
- Commitment to EU transition to electric vehicles by 2030 remains.
- Production of internal combustion models will slow in the UK.
- Ford could incur fines if it misses zero-emission vehicle mandates.
- Financial pressures cited as a reason for the job cuts by Martin Sander.