Home Business NewsBusinessAutomotive News Vauxhall owner renews Brexit threat

Vauxhall owner renews Brexit threat

by LLB Reporter
29th Jul 19 10:02 am

Vauxhall owner PSA has said they may move all production from their Ellesmere Port factory should Brexit make the factory unprofitable.

The Financial Times was told by Carlos Tavares chief executive of PSA that they have alternatives that could be used to the Ellesmere Port.

However, the move would probably see 1,000 threatened, the newspaper said.

He told the FT, “Frankly I would prefer to put it [the Astra car] in Ellesmere Port but if the conditions are bad and I cannot make it profitable, then I have to protect the rest of the company and I will not do it.

“We have an alternative to Ellesmere Port.”

The carmaker said on Monday the group are still looking to manufacture the next generation Astra at both the Russelsheim and Ellesmere.

The company warned the decision over Ellesmere Port will be conditional over the “final terms of the UK’s exit from the European Union.”

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