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Vauxhall: Ellesmere Port plant saved – 700 new jobs created

Vauxhall Ellesmere Port - Saved General Motors is to keep Vauxhall’s Ellesmere Port open, move to three shift working and create 700 new jobs. The overcapacity of mainstream car manufacture in Europe as the market becomes ever more polarised between premium and budget cars – squeezing the middle – means car maker having to rationalise their output. Many thought that could mean the end of Vauxhall’s Ellesmere Port as GM sought to stem its European losses (around £2 billion in the last three years), especially as it is easier to close plants and lay off workers in the UK than in mainland Europe.

House narrowly passes scaled-back 'cash-for-clunkers' bill

The U.S. House on Tuesday narrowly passed a scaled-back version of a bill that would give consumers cash vouchers of between $3,500 and $4,500 if they trade in their cars for newer, more fuel-efficient vehicles. The $1 billion cash-for-guzzlers proposal, modeled after successful programs in Germany and other European countries, is part of a $106 billion supplemental spending measure designed mostly to fund the wars in Iraq and Afghanistan.

Petrol price relief for drivers

PETROL PRICE pressure on the purse strings of drivers has eased, according to figures from the AA. They showed that average petrol pump prices in the UK have fallen back to 130.0p a litre having risen to 131.7p a litre at the beginning of July. Motorists are now doing far better than they were a year ago when petrol averaged 137.5p a litre, rising to 138.38p a litre in mid-October 2013.