January 11, 2018 / 3:46 PM / 11 days ago

Peugeot UK Vauxhall plant's future "inextricably linked" to sales, says new boss

LONDON, Jan 11 (Reuters) - The new boss of Peugeot’s British Vauxhall brand said the future of the carmaker’s Ellesmere Port plant, where a third of the workforce is being cut, is closely linked to Opel-Vauxhall’s sales performance.

“The two are inextricably linked,” Stephen Norman, who takes over as Vauxhall managing director on Feb. 1, told reporters on Thursday.

“If we manage to make a radical improvement in Vauxhall’s fortunes in the UK and my future colleagues in Opel across the continent do the same in their markets, particularly in Germany, then there will be a requirement not only for every possible unit of production that we’ve got but maybe even more besides,” he said.

Sales in Britain, traditionally Opel-Vauxhall’s biggest market, fell 22 percent in 2017, compared with an overall market decline of 5.7 percent, according to industry data. (Reporting by Costas Pitas; editing by Stephen Addison)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below