Ford Motor is halting production at its plant in Cologne – Germany for several days over the coming months, reflecting weakening demand conditions across Europe.
Reuters reports that the US based automaker has already applied for approval to shorten workers hours under a subsidised government programme. A company spokesman said it is not clear for the moment how many days overall the plant would shut down production, but said there would be eight days of production stoppage through mid-July.
Almost 4,000 workers will be affected by the temporary stoppage.
The announcement comes shortly after Ford announced that it plans to lay off 250 workers at its plant in Craiova, Romania.
Although Ford announced that in June 2012 it plans to hire 500 workers, it recently declared that it will lay off 250 employees by the end of April.
In the first three months of 2012, Ford’s market share for the traditional 19 European markets totaled 8.5 per cent, up 0.1 per cent. Ford’s share in March was a healthy 9.2 per cent, down a tenth of a per cent from a year ago.
However, Ford Motor Co.’s European unit said Monday that sales in its 19 main markets fell by 8.8% on the year in March to 152,000 vehicles, slightly underperforming a 8.1% fall of the overall market as demand for new cars in the region remained sluggish.