Ford on Friday said it planned to cut "more than 5,000" jobs in Germany as part of a major restructuring to boost profitability at the US car giant's European operations.
Hundreds of Belgian Ford employees targeted a German factory on Wednesday in a border-hopping protest at the closure of their factory and looming unemployment. Some stormed the building but were later persuaded to leave.
Some 100 police officers raided sites linked to the US automaker Ford in Germany early Monday in connection with a corruption probe, prosecutors in the western city of Cologne said.
The 40 millionth Ford “Made in Germany” rolled from the US carmaker’s plant in Cologne on Friday – some 85 years after starting production in the country.
According to the latest edition of the weekly <i>Der Spiegel</i>, German car giant Daimler recently decided not to buy Swedish-based Volvo Cars from ailing US manufacturers Ford, but Daimler has now denied it was ever interested.
The US automaker Ford has asked the German government for aid, but Berlin is divided on the question of how to help the country's key industry, the <i>SĂĽddeutsche Zeiting</i> reported on Wednesday.