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The transition to electric vehicles is difficult, and competition is increasingly fierce. Ford (F.US) will cut about 14% of its workforce in europe.
Ford announced on Wednesday that it will lay off about 14% of its workforce in europe due to significant losses caused by weak demand for electric autos in recent years, a lack of government support for the transition to electric autos, and increasing competition.
UAW Makes Huge Inroads at Ford (NYSE:F) Battery Plant
U.S. Automakers Miss Out on Awards for the Best Car, SUV, Truck, and Luxury Brands
Volkswagen Pleads for Labor Union to Consider 'Sustainable Financial Relief'
Group Representing Major Automakers Urges President-Elect Trump To Preserve EV Tax, Production Tax Credits And Take Steps To Boost Self-Driving Vehicles
Daily short sale tracking: Target's short volume increased by 4 million, with a short sale ratio of 10%
Target(TGT.US) ranked top of the list had the largest change in short volume (4.98 million shares), and the short volume ratio of Sony(SONY.US) reached 42.05%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
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