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https://www.cnn.com/2023/06/27/business/ford-layoffs/index.html
Ford has layoffs pretty much yearly.
https://www.cnn.com/2023/06/22/business/ford-department-of-energy-loan/index.html
Ford gets money from the government.
Repeat ad infinitum.
There's a big difference between receiving money as a loan to do something the government wants (in this case, build electric vehicles) and begging the government for money because you're broke. During the recession Ford was notable for being the only major American car company that didn't ask for a bailout. Their American employee headcount fluctuates year to year but it's up over the last decade btw.
They are reneging and pivoting towards hybrids.
Demand in the US just isn't there for EVs -- the market is mostly saturated. That's why Tesla is having trouble, too.
I don't think that's the only reason Tesla is having trouble...
The demand is there. Carmakers don't want to build affordable EVs. They just want to build trucks and SUVs.
The 100% tariffs on Chinese EVs is more about protecting the Big Three legacy carmakers than anything else.
Oh, so the government doing its job to incentivize the market to move in positive directions and closures which are highly coordinated and agreed to by the union are bad now? Lemmy, never change.
And I'm sure all the prisoners in the US are so thankful to have such an impressive rehabilitation system to ensure they don't commit more crimes.
Just because the "official" purpose is one thing, don't think for a second anyone who profits from it gives a shit. From the company manager who gets a bonus to the politician they paid off.