Categories: Europe

Stellantis ready for UK help on Vauxhall plant

PARIS — Any funding by Stellantis in its Vauxhall plant depends on help from the British authorities for the operation, CEO Carlos Tavares mentioned in an interview with a French newspaper.

“An funding of this kind, on high of what’s already deliberate for continental Europe, doesn’t make industrial sense as we have now sufficient capability elsewhere,” Tavares was quoted as saying by Les Echos on Wednesday.

The British authorities mentioned earlier this week it was hopeful a superb final result could possibly be discovered for the manufacturing unit, which builds the Opel/Vauxhall Astra, following Britain’s exit from the European Union and a UK plan to finish the sale of recent combustion engine-only vehicles by 2030.

Stellantis is contemplating revamping the manufacturing unit for manufacturing of full-electric vehicles however is searching for monetary incentives and commitments on post-Brexit commerce of auto components, Bloomberg reported final week.

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