britains vauxhall to cut 400 jobs
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

by the end of the year

Britain's Vauxhall to cut 400 jobs

Arab Today, arab today

Arab Today, arab today Britain's Vauxhall to cut 400 jobs

Britain's Vauxhall cars.
Paris - Arab Today

Britain's Vauxhall cars, which was this summer taken over by French automaker PSA, is planning to cut 400 jobs at one of its factories by the end of the year, a PSA spokesman said Friday.

The voluntary redundancies planned for the Ellesmere Port plant in northwest England are in response to "challenging European market conditions and a declining passenger car market", he told AFP.

"Vauxhall tabled a plan that encompasses a move towards single shift operation at Ellesmere Port during 2018 and a voluntary separation programme for eligible employees amounting to approximately 400 heads by the end of 2017," the spokesman said.

The company will discuss the plan with employee representatives during a 45-day consultation period.

PSA, which owns the Peugeot, Citroen and DS brands, became Europe's second biggest carmaker after Volkswagen in August when it bought Vauxhall and German brand Opel from US auto giant General Motors.

The takeover prompted concern about job losses in Britain, where Vauxhall directly employs about 5,000 people, most of them in two factories -- in Ellesmere Port and in Luton, in the southeast of England.

Prime Minister Theresa May personally sought assurances from PSA chief executive Carlos Tavares during a phone call in February.

The spokesman said Friday that the group could not commit to further investment until there was more clarity on Brexit talks between Britain and the European Union.

"Once it has enough visibility on the future trading relationship with the EU, and the plant competitiveness has been addressed, the company will be in a position to consider future investments," he said.

He said current manufacturing costs at Ellesmere Port are "significantly higher than those of the benchmark plants of the PSA Group in France".

"Facing challenging European market conditions and a declining passenger car market, Vauxhall needs to adjust production volumes at its Ellesmere Port production facility to the current level of demand and to improve its performance, in order to protect its future," he said.

He added: "The company has every confidence in the capability and skills of the Ellesmere Port workforce to deliver the necessary improvements in financial performance.

"PSA Group affirms that it is committed to the Astra plant at Ellesmere Port."

Source: AFP

arabstoday
arabstoday

GMT 02:36 2018 Wednesday ,17 January

Renault posts record year

GMT 04:55 2018 Friday ,12 January

French carmaker PSA uses Macron reforms

GMT 04:06 2017 Wednesday ,13 December

Singapore launches electric car

GMT 00:50 2017 Thursday ,09 November

To meet climate targets, rival China

GMT 08:49 2017 Friday ,03 November

France selling 4.7% stake in Renault
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

britains vauxhall to cut 400 jobs britains vauxhall to cut 400 jobs

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

britains vauxhall to cut 400 jobs britains vauxhall to cut 400 jobs

 



GMT 16:16 2014 Wednesday ,10 September

Samirah Ibrahim receives Saudi cultural attaché

GMT 09:32 2017 Sunday ,24 September

China confirms will limit oil exports to North Korea

GMT 19:56 2016 Saturday ,17 September

Typhoon Meranti death toll rises to 28

GMT 09:40 2018 Monday ,01 January

OIC Summit opens in Kazakhstan

GMT 06:37 2015 Monday ,07 December

Iran film directors protest colleague's jail term

GMT 18:37 2017 Friday ,25 August

Mental health issues should be prioritized

GMT 04:39 2017 Thursday ,31 August

Trump vows to right 'self-destructive' tax code

GMT 05:29 2017 Tuesday ,22 August

Celebrations across India on 71st Independence Day

GMT 10:54 2017 Wednesday ,11 October

Child obesity grows tenfold since 1975

GMT 02:31 2016 Tuesday ,06 December

Dubai Women Establishment delegation participates

GMT 04:29 2018 Wednesday ,19 September

North and South Korea: Kim and Moon hail new future

GMT 14:18 2013 Monday ,19 August

Newlywed Lebanese couple pose at car bomb site

GMT 11:11 2011 Friday ,12 August

Palestinian university ranks seventh in Arab world

GMT 15:16 2015 Wednesday ,26 August

UAE ambassador attends charity ceremony in Qalubiya

GMT 16:59 2016 Tuesday ,26 July

Hedge funds in new cycle of oil short-selling
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday