General Motors expects decision on Luton plant ‘within a month or two’

Posted: January 11, 2011 in Links
Tags: , , , ,

General Motors has imposed a spring deadline as it once more reviews the future of its Luton plant, Vauxhall’s manufacturing base for more than 100 years. Speaking at the Detroit motor show, Nick Reilly, chief executive of GM’s Vauxhall and Opel brands, said the company hoped to reach a decision about how it will treat Luton “within a month or two”.

GM has bounced back from bankruptcy and is enjoying strong sales in the US, but its European sales are flat. Reilly said no options had been ruled out. An agreement between GM and Renault to manufacture commercial vehicles at the plant expires in 2013. “We are continuing to develop product with Renault and are looking at what is the best future for that plant,” Reilly said.

Read More.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s