[OT] Peugot buying vauxhall?

[dennis]

So bets on whether its the German plant or the UK plant that closes first?

Will brexit make it the UK ones?

That will be a few thousand that will wish they had voted the other way.

[harry]

You really think Bremain would have changed anything?

[charles]

Ot could well have done, but outside the EU, no chance.

[The Natural Philosopher]

General motors is a joke in the bond market., Its is utterly and totally insolvent and has been for years and was only propped up by Obama because the political fallout of all those black people who worked there losing jobs and pensions, was too great to contemplate

The UK car plant at Ellesmere port is labour efficient compared with Germany and with the pound low, has to represent a better bet than the German plant. There is a plant in Poland as well.

I would imagine unless the EU steps in and offers bribes, the German plant would close.

[alan_m]

Will French majority share owners favour the UK or Germany?

[The Natural Philosopher]

There can't be any French shareholders except the government surely. Peugeot is as bad as BL was in its dog days.

[damduck-egg]

Luton could be the one at most risk, a complication there is that the Vauxhall badged van that is assembled there also comes out as a Renault badged one , but some versions of both come out of French Renault plant anyway because of a low doorway at Luton or some similar reason. There is a Nissan badged version as well that was assembled in Spain but the latest version is also now produced in at the French plant along with a Fiat branded version. Either way it doesn't look good for a long term future for Luton unless Renault/ Nissan wish to keep it available and Peugeot go along with that. Going on from that would that leave the UK without a volume mid size van assembler? Transit production got moved to Turkey a few years back. Perhaps Ford better keep an eye on the Luton plant incase the troubles in the region start to destabilise Turkey too much. Serve em right mind. One minute they claimed to be the Backbone of Britain till seduced by Turkish Delight.

G.Harman

[Brian Gaff]

Elsmere Point not Luton. Brian

[Dave Plowman (News)]

The main problem will be the van side. If there is a tarrif on EU sales of them, you can say goodbye to it. Commercial vehicle sales are far more price sensitive than cars.

[Bill]

In message , The Natural Philosopher writes

I understand that a lot of the parts that are fitted at Ellesmere Port come from "abroad". But some local engineering manufacturers used to be in the RR supply chain, although I'm not sure that still applies.

Then there is Ineos Vehicles, who presumably might like an existing, successful, modern plant with a good track record to produce their "New Defender".

There is, apparently, existing money in the pipeline to replace the EU funding for North West businesses, so I hope someone somewhere is working on a plan to tell Peugeot to either retain the plants or to just go away and leave them intact. It can't be that difficult to reprogram the robots to build something else.

As long as the Ineos Offender has girder bumpers front and rear for sawing and clamping vices etc and retains rubber mudguards, I'll be happy.

[tim...]

no,

but German redundancy rules might

No "here's 2 grand, so bugger off " there

tim

[harry]

The EUSSR has been financing moves From the UK to E Europe and Turkey for years. Ford transit being just one of them

[dennis]

It doesn't need bribes, just import tariffs if the plant is outside the EU.

[dennis]

Will they favour in the EU or out?

[bert]

Maybe that will depend on who takes over as French President.

[Vir Campestris]

If there's a tariff from the UK to the EU there will be one the other way too. Which would mean that UK built vans would suddenly be cheaper to UK customers.

Does Britain make more vans than it buys?

Andy

[Andrew]

Didn't stop Fiat closing a plant in Southern Italy and moving it to Hungary, or somewhere round there.

And where are those Rootes group factories now ?.

[Andrew]

According to newsnight, 75% of the parts in an Astra come from abroad.

[Dave Plowman (News)]

How do you work that out?

Very unlikely.

[Capitol]

It doesn't really matter. Very few jobs are in manufacturing, the majority are in sales and distribution etc. If UK made vans disappear, Chinese ones can replace them in the showrooms.