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Old 15th March 2019, 19:47   #1
Stevie25
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Default Ford Europe announces Job losses

Carmaker Ford has announced plans for a major shake-up of its operations in the UK and mainland Europe.
It is expected to lead to thousands of job losses across Europe, including the UK, although cuts at its UK factories are not thought to be imminent.
But Ford Europe boss Steven Armstrong said should the UK leave the EU without a negotiated deal, a further review of UK operations would take place.
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Old 15th March 2019, 20:28   #2
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Ford didn't attend the Geneva motor show this year either, they also didn't attend the 2018 Paris motor show last year. They must be skint.

I feel sorry for those who are losing their jobs.
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Old 15th March 2019, 20:40   #3
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Originally Posted by Dallas View Post
Ford didn't attend the Geneva motor show this year either, they also didn't attend the 2018 Paris motor show last year. They must be skint.

I feel sorry for those who are losing their jobs.

Yes indeed - UK job losses to be 20%
My understanding is the European Arm of Ford losing (big) money.
Hard to understand when the Fiesta and Focus models are big sellers?
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Old 17th March 2019, 09:14   #4
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Yes indeed - UK job losses to be 20%
My understanding is the European Arm of Ford losing (big) money.
Hard to understand when the Fiesta and Focus models are big sellers?
I guess the margins on the cars must be incredibly tight because of Ford's massive overheads and aggressive discounting.
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