Vauxhall job losses are an inevitable result of destructive net zero policies Opinion The self-destructive petrol car ban has incentivised Vauxhall to destroy a productive car factory with potential to manufacture EVs instead of investing in green technology, says Andy Mayer The decision by Vauxhall owner Stellantis to close their Luton van production plant, risking 1,100 jobs, only nine months after announcing expansion plans that included a new [...]
Citroen sales accelerate as profit more than doubles Business Sales at the UK arm of Citroen accelerated by almost £200m in 2023 as its profit more than doubled, it has been revealed. The Coventry-headquartered car maker has reported a revenue of £1.2bn for its latest financial year, up from the £1.01bn it achieved in 2022. Newly-filed accounts with Companies House also show its pre-tax [...]
Vauxhall sheds hundreds of jobs as sales accelerate by over £300m Transport and infrastructure 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 [...]
Peugeot pins hopes on ‘facelift’ to boost growth October 3, 2024 Peugeot is hoping that a ‘facelift’ across its most popular car models will continue the rise of its popularity in the UK. The Coventry-based brand, which is owned by giant Stellantis, outperformed the wider UK market in 2023 on the way to posting a turnover of £2.25bn. The total comes after the business reported a [...]
Stellantis: Vauxhall owner threatens to quit UK over ‘stupid’ EV sales mandate June 25, 2024 Maria Grazia Devino, UK managing director, warned the carmaker would make a decision in "less than a year" on the future of its plants.
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.