Ford has signed an agreement to protect jobs at its Cologne plant, but will lay off 2,900 employees through voluntary departures in response to low demand for electric vehicles. The IG Metall union welcomed the compensatory measures, although the future of production remains uncertain. Ford has invested 2 billion dollars in the Cologne plant to turn it into an EV production hub and is seeking government incentives to support the transition to electric vehicles.
Sources
Latest News
10:57
Attempted attack on Leipzig/Halle airport in Germany. A third drone was found by investigators.
10:35
INS: The manufacturing industry recorded a 3% decrease in new orders in the first six months of 2026
10:33
The interim Minister of Labor, Dragoș Pîslaru, announced that the Ministry of Finance will evaluate the extension of the health insurance contribution for pensioners with pensions over 3,000 lei.
10:09
Russian attack at the border of the Republic of Moldova. A crossing point has suspended its activity.
09:55
August 25, 2026. TV: What was discussed last night on the news channels
See more news