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Vauxhall, Opel, Pegueot, Citroen merger talks fail
Wed, 14 Nov 2012Talks between GM Europe and PSA (Peugeot Citroen) have failed as a French government bailout for PSA looks imminent. When we reported in March that G.M. Europe (Vauxhall and Opel) has signed an agreement with PSA (Peugeot Citroen) to cut costs and share platforms we thought it a pointless gesture; the savings, compared to the huge losses, were minimal.
Is Aston Martin up for sale?
Fri, 07 Oct 2011How much longer can Aston Martin keep recycling old technology? Aston Martin has just been voted the coolest brand in Britain – for the 393rd time – and are relishing the kudos that gives the Aston Martin brand. Good news.
Vauxhall: Ellesmere Port plant saved – 700 new jobs created
Thu, 17 May 2012Vauxhall 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.