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Post by Lobster on Oct 15, 2017 13:38:16 GMT
Confirmed that 400 jobs will be cut at Vauxhall by the end of the year due to "challenging European markets"
Not exactly what Ellesmere Port needs.
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Vauxhall
Oct 15, 2017 21:21:18 GMT
via mobile
Post by chislenko on Oct 15, 2017 21:21:18 GMT
PSA will take the jobs to France, they are basically state owned so will look after their own.
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Post by midfieldgeneral on Oct 16, 2017 6:03:02 GMT
Obviously there would be no consequeences to a leave vote. Farage Gove Johnson and David said so. Its Airbus next.
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Post by Mean Machine on Oct 20, 2017 17:39:18 GMT
I have worked in PSA franchised car dealers for 30 plus years
PSA is not state owned as far as I have been told
It is I believe around 30 million euros in the red
Due to EU rules the French government CANNOT provide financial assistance, and the group [Peugeot Citroen] is losing around 5% of its business year on year
How this loss making company managed to aquire another loss making company and expect to turn it around is beyond me, however the new Vauxhall Grandland and crossland are fitted with Peugeot mechanicals, and are the result of a collaberation between PSA and GM announced some time ago
As has been said they will close the Ellesmere Port factory, and move jobs to France as they did when they shut Ryton [Coventry]
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