Reuters – Ford to cut European jobs as EV shift, Chinese rivals take toll
The loss of 4,000 automanufacturing jobs, primarily in the UK and Germany, is just the latest body blow to the automobile sector in Europe. Read the article HERE.
The loss of 4,000 automanufacturing jobs, primarily in the UK and Germany, is just the latest body blow to the automobile sector in Europe. Read the article HERE.
While the Chinese market for electric vehicles is expanding at a rate of knots, the EU market has stalled. In ‘Politico’. Read the full article HERE.
‘The eurozone manufacturing PMI fell to 45.6, a seven-month low, from 45.8, disappointing expectations for a modest increase to 46.0. In Germany the indicator came in at 42.6, a three-month low, while in France it fell for a second straight month […]
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