FRANKFURT—The headwinds buffeting the global auto industry made themselves felt in Europe on Thursday as mass-market carmaker Ford and luxury-focused Jaguar Land Rover announced sweeping restructurings that will cost thousands of jobs. Ford is refocusing on commercial trucks and SUVs and dumping less lucrative models while shifting production to electric cars over the longer term. The Ford Aquitaine Industries plant in southwestern France, at which Ford plans to cease production. One key headwind — slowing auto sales in China — was the big issue for Jaguar Land Rover. Thousands more workers in the U.K. are part of Jaguar supply chain — jobs that will now also be at risk.

Source: thestar January 10, 2019 13:54 UTC