Com­pul­sory job losses ruled out at Vaux­hall

The Scotsman - - Business - By ALAN JONES

The owner of car gi­ant Vaux­hall has an­nounced plans to mod­ernise plants and re­duce the num­ber of plat­forms for its ve­hi­cles, without mak­ing com­pul­sory re­dun­dan­cies.

Psa-owned Opel/vaux­hall said it wanted to re­turn to prof­itabil­ity by 2020, with a lower fi­nan­cial break-even point of 800,000 ve­hi­cles.

Plants will re­main open, in­clud­ing Lu­ton and Ellesmere Port, with the French own­ers plan­ning to make them more ef­fi­cient.

Opel Au­to­mo­bile’s chief ex­ec­u­tive, Michael Lohscheller, said all pas­sen­ger car lines will be elec­tri­fied by 2024, while new light com­mer­cial ve­hi­cles will be launched in the com­ing years.

He said: “This plan is paramount for the com­pany, to pro­tect our em­ploy­ees against head­winds and turn Opel/vaux­hall into a sus­tain­able, prof­itable, elec­tri­fied and global com­pany.”

A com­pany state­ment said the new plan was de­signed to main­tain all plants and “re­frain from forced re­dun­dan­cies” in Europe.

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