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Thread: Latest news - Vauxhall

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    Regular Member Deadman's Avatar
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    Regular Member G.O'Rilla's Avatar
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    Interesting - maybe the cheap pound is doing something after all. Why they don't just shut down Saab, I don't know.

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    spoons
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    Hmmm

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    Regular Member Deadman's Avatar
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    I've been following this story for months.

    GM have proposed project 'Renaissance'. It's a cost-cutting, restructuring plan.

    Most say it will bring about the end of Vauxhall/Opel.

    From what I can gather, today is the deadline for VX to present it's ideas for major restructuring to GM.

    If it fails, well, I don't have to tell you what the result will be.

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    Ex Vec-C Admin Stevel's Avatar
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    Not looking good is it.

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    Regular Member MLC's Avatar
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    Odd thing is, like Ford, it's the European plants that make the profits.

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    Regular Member Deadman's Avatar
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    I presume that's because it's US owned MLC.

    I think Ellesmere Port is most at risk of job losses as far as the UK is concerned. Dark times.

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    Yes but the USA taxpayers are stumping up the cash to kepp GM running - they aren't going to tolerate US jobs going while overseas plants remain open. And lets face it - He who pays the piper calls the tune.

    The Sweedish Gov are subsidising Volvo & SAAB at present, maybe thats what the VAT free offer is all about. The trouble is if every Gov subsidises its car makers the end result still wont be a lot more new cars sold, times are hard. I can see a management buy out being the best survival strategy for Vauxhall / Opel and Ford Europe.

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    Vauxhall is Rover all over again.

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    Regular Member taffy's Avatar
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    Quote Originally Posted by Deadman View Post
    I've been following this story for months.

    GM have proposed project 'Renaissance'. It's a cost-cutting, restructuring plan.

    Most say it will bring about the end of Vauxhall/Opel.

    From what I can gather, today is the deadline for VX to present it's ideas for major restructuring to GM.

    If it fails, well, I don't have to tell you what the result will be.

    It was yesterday that they had to present the ideas to the big bosses. We started on our new 30 hour week as part of the package.

    Quote Originally Posted by Deadman View Post
    I presume that's because it's US owned MLC.

    I think Ellesmere Port is most at risk of job losses as far as the UK is concerned. Dark times.
    If you listen to the big bosses in work they say that we will be back to 3 shifts with the launch of the new Astra!!

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