Ford secured a deal with unions that guarantees employment for over 10,000 workers at its Cologne plant until 2032. A voluntary redundancy program will also be introduced to address lower demand for electric vehicles. While the agreement aims to alleviate workers' concerns, the long-term future of the plant is still uncertain due to ongoing strategic reviews by Ford. The Cologne facility is undergoing adaptations for electric vehicle production, but sales have been hindered by high costs and insufficient charging infrastructure.
The overall package creates a safety net for everyone, providing job security until 2032 for over 10,000 workers at Ford's Cologne plant.
Ford would open a voluntary redundancy programme to reduce headcount at the Cologne plant, which has faced weak demand for electric vehicles.
The union welcomed the agreement but noted that the long-term future of the Cologne plant remains uncertain amid Ford's strategic deliberations.
EV sales in Europe have struggled due to high up-front costs and limited charging infrastructure, impacting Ford's competitiveness.
Collection
[
|
...
]