Vauxhall deal prompts cautious optimism from UK government

With GM's Opel and Vauxhall operations, PSA Group will become the second largest carmaker in Europe, behind Volkswagen. Mr Tavares told the BBC that he trusted the Vauxhall staff to work in a "Constructive manner" with PSA to improve their performance. One worker at Vauxhall's Ellesmere Port plant in Cheshire told reporters this morning: "I think the deal is good for current GM and Vauxhall employees, but is there a future for younger workers after 2021?". The Business Secretary, Greg Clark, said the deal had nothing to do with Brexit: "This is a restructuring of the organisation. In my discussions with PSA, the chief executive said today that Brexit isn't an essential driver of this." PSA Group says it will cut costs to increase profits, which has stoked concerns for more than 4,000 Vauxhall jobs in the UK. The new owners met government and unions last week and provided assurance that existing production commitments would be honoured at Ellesmere Port till 2020 and Luton for some years beyond that.

Read the full story

 Related companies

Make a complaint about Vauxhall by viewing their customer service contacts.

•