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AD #3599 - Ford Cut 1,000 More Jobs; VW Overestimated EV Demand; Public Charging Needs a Lot More Investment

AD #3599 - Ford Cut 1,000 More Jobs; VW Overestimated EV Demand; Public Charging Needs a Lot More Investment

Autoline Daily Jun 29, 2023 10 min
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About this episode

Ford has cut around 1,000 salaried jobs, mostly engineers, as part of cost-saving measures aiming to save $3 billion annually. Volkswagen is scaling back EV production due to lower-than-expected demand, delaying new models. Chinese automaker Wouling is expanding its commercial EV lineup, targeting global markets including Japan. The US faces a massive need for EV charging infrastructure investment to support projected EV growth by 2030. Ford also revealed the new Mustang GT4 race car and is using adapted simulators to help accident victims relearn driving. NSU's rare South American model is highlighted in Audi's anniversary series.

Topics: ford layoffs vw ev production cuts chinese commercial evs us ev charging infrastructure mustang gt4 race car ev driver rehabilitation nsu rare model auto industry emissions regulations ford cost cutting ev market demand
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Car

Ford Mustang

"...ee other plants in Germany. Ford revealed the new Mustang g T four race car, and like the Mustang GT three,..."
Car

Ford Mustang GTD

"...d the new Mustang g T four race car, and like the Mustang GT three, the GT four is based on the all new Mustan..."
2 cars featured

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