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  • European carmaker Stellantis will this week hold talks over the fate of its Vauxhall plant in northern England, a source close to the matter told AFP Monday, confirming media reports. The source added however that it remains unclear whether Stellantis will reach a decision yet over the factory, which is located in Ellesmere Port, on the northwest English coast. Stellantis will discuss the facility in the context of the overall demand outlook, the ongoing transition to electric vehicles and the likelihood of UK government financial support, according to the source. The Times newspaper meanwhile reported that top executives could meet as early as Tuesday to discuss production options including closure. Bosses will also decide whether to manufacture the latest Vauxhall Astra model at the plant or shift manufacturing elsewhere. "The group is considering its investment options" over Ellesmere Port, a Stellantis spokesman said separately on Monday. "A decision will be made shortly," he added. A British government spokesman told AFP that it spoke regularly with all automotive companies including Stellantis, but would not comment on media speculation. Stellantis Chief Executive Carlos Tavares had meanwhile indicated one month ago that it would make decisions within weeks over its future investments in Britain. The giant was created from the merger of French giant PSA -- and its Peugeot and Citroen brands -- with the Italian carmaker Fiat, which also owns Chrysler, Jeep, Alfa Romeo and Maserati, among others. The blockbuster merger, completed in January, created the world's fourth biggest carmaker by volume. Back in 2017, PSA had purchased General Motors' European subsidiary, which included Opel and Vauxhall. ved-rfj/jj
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  • Stellantis to discuss fate of Vauxhall UK car plant: source
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