Armstrong said that there "will be thousands" of job losses at Ford, which now employs 53,000 people in Europe, including its two United Kingdom engine plants at Bridgend and Dagenham.
Under the plan, employment costs and employment levels will be reduced, and the job losses will be in thousands, the agency reported, citing people familiar with the matter. Ford of Europe, based in Cologne, Germany, has 53,000 people working for it directly and 68,000 when joint ventures such as those in Russian Federation and Turkey are included.
"Unite will continue to press the auto maker for assurances over the jobs and skills of our members who have worked tirelessly over the past decade to make the company the global success story it is today".
Not good news for a company largely still making diesel engines.
"We can only allocate capital to areas where we can get a return on that capital".
"The Government has and will continue to work closely with the business to ensure that it can succeed long into the future as it invests and transitions to autonomous, connected and electric vehicles". Carmakers are also facing a shift in consumer preference away from sedans and hatchbacks to sport-utility vehicles. Combined with a continued slump in saloon sales - which has seen the dynamically excellent XE and XF particularly hard done by versus their German rivals - this has spelled trouble for the British brand.
Ford signalled there would be "significant" cuts among its 50,000-strong European workforce under plans to make it more competitive and make its business more sustainable. GM abandoned its Opel business in Europe after years of losses by selling it to France's PSA Group.
Jaguar Land Rover employs about 44,000 people in Britain and in the past few years hired thousands of workers at new plants in China and Slovakia. The company already cut 1,000 jobs past year, but new plans to improve cash flow by £2.5 billion ($3.2 billion) include "substantial" cuts to employment that will run into the thousands, a source told Reuters, affecting managerial, research, sales and design staff, but not line workers.
Ford said Thursday that from now on every model will have a battery version, whether a hybrid that combines internal combustion and battery power or a battery-only version.
The US carmaker is to abandon the multivan market - vehicles with more than five seats - stop manufacturing automatic transmissions in Bordeaux from August, review its operations in Russian Federation, and combine the headquarters of Ford UK and Ford Credit to a site in Dunton, Essex. The carbon dioxide reductions are part of the effort to reduce emissions of greenhouse gases blamed for global warming.
In China, demand was adversely impacted by consumer uncertainty following import duty changes and escalating trade tensions with the US.