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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 8/11:

High manufacturing costs, particularly in Germany, have hindered Ford's operations in Europe. Labor expenses, coupled with strict regulations, further inflate production costs, creating challenges for profitability. While other companies like Tesla and Hyundai have tapped into lower-cost manufacturing regions in Eastern Europe and Asia, Ford remains tied to the more expensive framework of Western Europe. This reliance not only constrains competitive pricing but also intensifies financial pressures, resulting in workforce reductions.

A Rapidly Changing EV Market