- The Washington Times - Thursday, March 28, 2024

Ford announced this week that it would trim staff at its Dearborn, Michigan, plant after sales of its electric trucks failed to impress.

The automaker is looking to cut two-thirds of its workforce at the facility, which employs around 2,100 workers. One-third of the facility will be transferred to the nearby Michigan Assembly Plant in Wayne to manufacture Ford’s Bronco and Ranger models.

An additional 700 workers will either accept a retirement package, agreed on during last year’s contract negotiations with the United Auto Workers, or be transferred to a facility in southern Michigan.

The transfers come as the automotive industry reacts to a shrinking demand for electric vehicles in the U.S.

EV sales are expected to grow 32% in 2024, down from 47% growth in 2023, so Ford isn’t making the sector its main focus.

Ford cut production of its F-150 Lighting this year amid low sales and rising dealership inventories. Other automakers such as EV-centric Tesla have slashed prices in recent months to ramp up sales.

• Vaughn Cockayne can be reached at vcockayne@washingtontimes.com.

Copyright © 2024 The Washington Times, LLC. Click here for reprint permission.

Please read our comment policy before commenting.