European auto-maker Stellantis said on Tuesday it planned to shut its Vauxhall van factory in Luton, southern England, putting more than 1,000 jobs at risk.
The Milan-listed company said it planned to relocate "hundreds of jobs" from Luton to Ellesmere Port, and it had started a consultation with employees and unions.Generic stock pictures of the Astra assembly line at Vauxhall's plant in Ellesmere Port, Cheshire. Picture date: Tuesday July 6, 2021.said on Tuesday it planned to shut its Vauxhall van factory in Luton, southern England, putting more than 1,000 jobs at risk.
The company, which also owns the Peugeot, Citroën, Chrysler and Fiat brands, said it would consolidate its British production of light commercial vehicles at its Ellesmere Port site in northern England, where it is investing 50 million pounds in an all-electric vehicle hub. The Milan-listed company said it planned to relocate "hundreds of jobs" from Luton to Ellesmere Port, and it had started a consultation with employees and unions.
The British government said: "While it's encouraging to see Stellantis investing in the future of its Ellesmere Port plant, we know this will be a concerning time for the families of employees at Luton who may be affected."In June Stellantis called on the government to do more to boost demand for electric vehicles to help it comply with rules requiring automakers to sell more EVs, cautioning that inaction could lead to a halt of its UK production.
Stellantis NV London Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European markets set to open lower ahead of European growth data, more earningsEuropean markets are heading for a negative open Wednesday, as investors await the latest growth data from the region and another batch of earnings.
Read more »
European markets expected to open in mixed territory after Fed, Bank of England cut interest ratesEuropean markets are expected to open in mixed territory on Friday, as investors reacted to interest rate cuts from the Federal Reserve and Bank of England.
Read more »
European markets edge lower after Fed, Bank of England rate cuts; UK housebuilder Vistry down 15%European markets opened slightly higher on Friday, as investors reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England.
Read more »
European markets open slightly higher after Federal Reserve, Bank of England cut interest ratesEuropean markets opened slightly higher on Friday, as investors reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England.
Read more »
European markets mixed after Fed, Bank of England rate cuts; UK housebuilder Vistry down 14%European markets opened slightly higher on Friday, as investors reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England.
Read more »
'Industry icon': C.R. England founder Gene England dies at 105Gene England, founder of Utah-based trucking giant C.R. England, died last week at 105 years old.
Read more »