Ford workers in Germany set to strike over job cuts due to weak demand for EVs

From Yahoo Finance: 2025-05-12 07:02:00

Ford workers in Cologne, Germany, are set to strike on Wednesday over planned job cuts in response to weak demand for electric vehicles and a lack of government support. Automakers globally, including Volkswagen and Nissan, are also cutting jobs due to financial pressures, exacerbated by Donald Trump’s tariff policies. Ford’s Cologne workers have voted for industrial action, demanding alternative restructuring measures. An agreement to inject $4.8 billion into its German unit has sparked controversy with IG Metall.



Read more at Yahoo Finance: Ford’s German workers to strike as tensions rise over planned cuts