By Martin Shwenk Leade
Copyright indiatimes
Ford will cut up to 1,000 jobs in electric car production in the German city of Cologne due to weak demand, the U.S. carmaker said in a statement on Tuesday. “In Europe, demand for electric cars remains well below industry forecasts,” the statement said. “Ford will therefore switch production at the Cologne plant to single-shift operation from January 2026,” resulting in the job losses, it added. The company said it would offer voluntary redundancy packages to those affected at its Cologne electric vehicle centre. Ford has been undergoing a painful restructuring in Germany impacting thousands of jobs, including at its Cologne site as well as a plant in Saarlouis that is set to close.Add as a Reliable and Trusted News Source Add Now!
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onFord jobs cutelectric car productionGermany automotive industryjob losses Ford Colognevoluntary redundancy FordSaarlouis plant closureelectric vehicle demand Europe(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless
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