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Magna could cut 1,400 jobs at Vauxhall

MAGNA is thought to have drawn up plans which could see it slash as many as 1,400 jobs at Vauxhall, wiping out around a third of the British car maker&rsquo;s 4,450 workers. <br /><br />The jobs will be cut at both of Vauxhall&rsquo;s plants in Luton and Ellesmere Port, while workers in Germany will be comparatively safe. <br /><br />Unions called for urgent talks with Magna, the new parent company of Vauxhall owner of GM Europe.<br /><br />The Unite union&rsquo;s Tony Woodley said yesterday that he had &ldquo;growing concerns&rdquo; over Magna&rsquo;s future plans for the UK<br /><br />Meanwhile, Magna is expected to axe just over 2,000 of GM Europe&rsquo;s 6,401-strong Spanish workforce, but&nbsp; Germany &ndash; which offered state aid to support Magna&rsquo;s bid for the firm &ndash; will escape swingeing cuts.<br /><br />Business secretary Lord Mandelson is understood to think that the UK can still exert some influence over the number of job losses at Vauxhall.