Ford to cut another 4,000 jobs in Europe as EV struggles worsen
Ford to cut another 4,000 jobs in Europe as EV struggles worsen
Ford is slashing another 4,000 jobs in Europe as it struggles to keep pace with the market’s shift to electric...
Is it over for the American Auto industry?
yup, they've been declining a long time and China is definitely going to take over next gen EVs.
basically has already taken over that industry.
The big three don't want to compete, and China is basically a factory company already, so it's difficult to see how American automotive manufacturing catches up when they refuse to invest in new technology or manufacturing processes.
I just never imagined a world without Ford. But Ford and General Motors have gone out of their way to have that be the outcome.
I think the world is rapidly going to leave us behind over the next 50 years because we're too stupid, self-centered, and short-sighted to see it happening in real time and adapt.
I would not be surprised if Ford shrinks and becomes American-only, as the new admin pushes more gasoline and oil and reduces overall EV incentives.
They'll subsist on gigantic-truck sales, maybe get a bailout from the sympathetic government, and maybe bide their time until they get a Democrat willing to subsidize and incentivize their transition to EVs in the future. If they're truly toast, it will be a very slow death, and a lot can change even in four years (for better or worse).
That's a crazy prospect given how huge Ford are or at least were in the UK growing up.