Hyperdrive
Ford to Cut European Jobs in EV Overhaul Handing Win to Spain
- US manufacturer picks Valencia plant over German site for EVs
- Factory at Saarlouis, Germany will wind down by mid-decade
Workers assemble a Ford Focus automobile at the company’s plant in Saarlouis, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Ford Motor Co. warned of European job cuts as part of an overhaul that will see the US manufacturer make electric vehicles in Valencia, Spain, and wind down operations at a German factory.
The carmaker said talks will start with unions on a “significant” lowering of the headcount both at its plant at Saarlouis, Germany, and even at the Spanish installation because producing EVs is less labor intensive.