Is the Vauxhall going to be the new "Rover"

[Kennyeth]

Looks like the deal is done, feel sorry for the peeps at the two plants, unsure now after 2021
Ken.

[Avulon]

Peugeot-Citroen agrees deal with GM to buy Vauxhall-Opel



For those who are wondering - "The deal has raised fears of job losses at Vauxhall's UK factories, which employ 4,500 workers."


Just a change of ownership from one foreign owner to another. But anything for a scare news story even from the Beeb. Plants might close, but that would have always been true.

[Christopher Price]

So the Tories have done to Vauxhall, what Labour did to MGR. Peugeot will asset strip the Company and then close it. I give them 4 years max. So in the space of 15 years, the Politicians have let the three oldest and largest manufacturers of volume cars in the UK, all close their factories, Longbridge, Dagenham and now Luton, disgusting.

[e668ecp]

Originally Posted by Christopher Price

So the Tories have done to Vauxhall, what Labour did to MGR. Peugeot will asset strip the Company and then close it. I give them 4 years max. So in the space of 15 years, the Politicians have let the three oldest and largest manufacturers of volume cars in the UK, all close their factories, Longbridge, Dagenham and now Luton, disgusting.

Whilst I fear for Vauxhall's UK plants the situation is different from Rover in that the company is a going concern and essentially a US owned German run subsidiary. Under current EU rules there is nothing the Toires can do to save it hence why were are better off outside of the EU.

I suspect you are correct in what you say will happen though but its different to what Labour did to MG Rover - they could have nationalised/propped it up like the French did with Renault/PSA via the back door.

I hope JLR will now see the benefits of a new Rover brand to fill in the mainsteam gap that will be needed if/when Vauxhall's UK plants close

[Christopher Price]

Originally Posted by e668ecp

Whilst I fear for Vauxhall's UK plants the situation is different from Rover in that the company is a going concern and essentially a US owned German run subsidiary. Under current EU rules there is nothing the Tories can do to save it hence why were are better off outside of the EU.

The same excuse was used when Labour let MGR go to the wall. Amazing how we follow every EU Regulation to the letter in this Country, yet the French and Italian Governments pour billions into their car manufacturers and no one says a word. Thank god we'll be rid of the EU soon.

[windrush]

The French will do the dirty on Vauxhall mark my words it happened to when they took over the company that I worked for first the name will go and then all the assets

[Leyland Worldmaster]

Ryton. That's all...

[topman]

Looks like GM were desperate to get rid, although reading reports its no surprise why. Opel/vx have lost money for 6 consecutive years. GM have almost had to pay PSA to take them over.

[clf]

Originally Posted by windrush

The French will do the dirty on Vauxhall mark my words it happened to when they took over the company that I worked for first the name will go and then all the assets

Or rebrand and use the factories as a means around possible import duties and tariffs post brexit.

sent from my ZT

[Lancpudn]

Originally Posted by windrush

The French will do the dirty on Vauxhall mark my words it happened to when they took over the company that I worked for first the name will go and then all the assets

Yes I can see it going that way too Derek, PSA have been on a big cost cutting venture recently, I don't see PSA having any interest in Vauxhall especially in a post Brexit world, the Germans and the French will do a deal to keep the jobs in Europe, thats for sure.

PSA now have access to GM's BEV (battery electric vehicle) technology i.e. Chevrolet Bolt & Volt/Ampera. I should imagine they will go into manufacturing those as the diesel engined cars are facing an uncertain future!