Stellantis closure: UK carmakers face ‘global’ challenges, Reynolds warns November 27, 2024 UK carmakers are facing “global challenges”, Jonathan Reynolds has warned, in the wake of Vauxhall owner Stellantis announcing plans to close its Luton plant. The business secretary said issues in the industry amid the shift to electric vehicles weren’t limited to the firm and insisted ministers did “everything we possibly could” to avert closure. Dutch [...]
Vauxhall owner Stellantis puts over 1,100 jobs at risk with plans to shut major factory November 26, 2024 The Dutch carmaker said it would instead consolidate electric van production at Ellesmere port in Cheshire, unveiling a £50m investment.
Vauxhall sheds hundreds of jobs as sales accelerate by over £300m October 7, 2024 Vauxhall shed hundreds of jobs in 2023 as its sales accelerated by more than £300m, it has been revealed. The Stellantis-owned brand has reported a turnover of £2.63bn for its latest financial year, up from the £2.29bn it achieved in 2022. Newly-filed accounts with Companies House also show that its pre-tax profit also increased from [...]
Stellantis: Vauxhall owner struggles after record 2023 April 30, 2024 Stellantis missed forecasts on Tuesday after first quarter revenue dropped 12 per cent to €41.7bn (£35.6bn).
Stellantis: Vauxhall and Peugeot owner to make electric vans in Luton, securing 1,500 jobs February 22, 2024 Stellantis, the owner of car brands such as Vauxhall and Peugeot, is to start manufacturing electric vans at its historic Luton plant from 2025 in a move which will safeguard around 1,500 jobs.
Fiat and Vauxhall owner Stellantis warns EV costs will lead to job cuts December 1, 2021 Stellantis NV Chief Executive Carlos Tavares said external pressure on automakers to accelerate the shift to electric vehicles potentially threatens jobs and vehicle quality as producers struggle to manage the higher costs of building EVs. Governments and investors want car manufacturers to speed up the transition to electric vehicles, but the costs are “beyond the [...]
Vauxhall warns chip shortage to continue for months September 1, 2021 Vauxhall has warned that the current shortage of semiconductor chips is unlikely to improve until the end of the year. It is the latest automaker to raise concerns about the supply crisis, which has impacted car production around the world throughout this year. Speaking to the BBC, Vauxhall Motors managing director Paul Willcox said that [...]
Vauxhall owner commits £100m to future of Ellesmere Port July 6, 2021 Vauxhall owner Stellantis will invest £100m in the car firm’s plant at Ellesmere in Cheshire, it confirmed this morning, ending months of uncertainty about the future of the factory’s 1,000 jobs. The site will be transformed into a facility for building electric vehicles in another significant coup for the UK car industry. Prime Minister Boris [...]
Vauxhall set to announce plan to build electric vans at Ellesmere Port July 6, 2021 Vauxhall could announce plans to build electric vans at its plant at Ellesmere Port in Cheshire as early as today. It is understood that the new investment into the plant could be worth hundreds of millions of plans, and would protect about 1,000 jobs. If so, the investment would complete an excellent few days for [...]
Future of Vauxhall factory up in the air over ‘£40m funding gap’ April 25, 2021 A funding gap of just £40m risks scuppering attempts to ensure Stellantis’ Vauxhall factory at Ellesmere Port in Cheshire remains open. The car giant has been mulling whether to reinvest in the plant, where it makes the Astra vehicle, due to the government’s decision to ban the sale of new petrol and diesel cars from [...]