Ford is slashing the working hours of some of its German factory employees amid what it calls a 'significantly lower than expected' demand for its EVs
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Ford is reducing working hours for employees at its Cologne, Germany factory due to lower than expected demand for its electric vehicles.
November 13, 2024 | 6:30 am
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Ford is reducing working hours at its Cologne, Germany factory due to lower than expected demand for its electric vehicles, indicating potential challenges in the EV market.
The reduction in working hours at Ford's Cologne factory suggests a decrease in demand for its electric vehicles, which could negatively impact Ford's revenue and stock price in the short term. This move highlights potential challenges in the EV market, affecting investor sentiment.
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