Peugeot Citroen Group (PSA) is now the second largest motor car manufacturer in Europe after Volkswagen now that discussions with Vauxhall Opel’s owner, General Motors, have proved fruitful.
Peugeot Citroen have taken over General Motors’ loss-making operations in Europe which includes Opel in Germany and Vauxhall here in the UK. However, the workforces at Vauxhall’s car plant in Ellesmere Port in the North West where the popular Astra is made, and the van factory in Bedfordshire, are concerned about possible job losses. The Government has carried out talks with Peugeot’s senior management over the possibility of redundancies, but Peugeot Group’s management have reassured worker that they’ll keep their jobs, at least for the time being.
Ford too, is expected to make redundancies at its engine factory at Bridgend in Wales. As many as 1500 jobs could be lost. Management at Nissan have also commented that they are awaiting the result of the Government’s Brexit discussions before committing further to future investment at its highly successful plant at Washington, Tyne and Wear.