Mandelson meets with Magna

Business Secretary Lord Mandelson met with Magna bosses and German ministers yesterday, as fears grew over the future of Vauxhall jobs in the UK.<br /><br />Magna, which is expected to take over General Motors (GM) Europe &ndash; Opel and Vauxhall &ndash; was expected to favour German factories over the UK&rsquo;s, leading to worries that plants at Ellesmere Port and Luton would close down, leaving 5,500 unemployed.&ldquo;We are negotiating to keep Vauxhall production and employment continuing in Britain, and with a secure, viable future,&rdquo; Mandelson said after yesterday&rsquo;s talks. <br /><br />He said the meeting with Magna was &ldquo;good&rdquo; and &ldquo;positive.&rdquo;