Thread regarding Ford layoffs

Ford is in bad shape, looking for welfare in Spain.

BARCELONA, Aug 24 (Reuters) - Ford said on Wednesday it is delaying its production investments in Spain, citing a "revised outlook for Europe" but said it remained committed to its plant in Valencia, where it announced plans in June to produce electric vehicles (EVs).

The U.S. carmaker said in a statement it will not ask for a share of Spain's EU pandemic relief funds to invest in the roll-out of EVs by June 2025, but said it will work with local authorities to identify other potential public funding as it moves to an all-electric fleet of passenger vehicles by 2030.

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Post ID: @OP+1in0tYwY

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Heh, let's just say this is not the first time in history that a corporation has gone fishing for a tax handout. And that doesn't mean it's in trouble, it's just smart business to milk taxpayers for as much as possible.

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Post ID: @khk+1in0tYwY

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