Ford to drop up to 1,000 jobs at German plant as demand for electric cars in Europe lags forecasts

FRANKFURT Germany AP Ford Motor Co announced Tuesday it would cut up to jobs at its electric auto plant in Cologne Germany due to lower than expected demand for battery-powered cars Related Articles Terrorism charges tossed Ticker Trump extends TikTok shutdown deadline Republicans unveil a bill to fund the leadership through Nov Parents of teens who died by suicide after AI chatbot interactions to testify to Congress Costco recalls Prosecco because bottles could shatter without warning Tesla under inspection after parents say faulty door handles trapped their kids in the back The job reduction would be carried out so far as doable with voluntary departures and buyouts the company commented It follows a restructuring released in November that would reduce Ford s workforce by positions in Europe and the UK with of those jobs lost in Germany The company commented it was continually evaluating production volumes and adjusting them to demand In Europe the demand for electric cars is significantly below industry forecasts it explained The plant which makes an electric version of the Explorer SUV would move to one shift per day instead of two beginning in January the company mentioned in a comment Electric vehicles captured of the European arena in the year through July up from in the same period last year Enhancement has been slower than expected in part due to the withdrawal of purchase subsidies in Germany Ford sold vehicles of all types in the first seven months up and maintained its region share of according to the European Automobile Manufacturers Association