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End of the line? Vauxhall’s Luton plant, which employs 2000, faces uncertain future
End of the line? Vauxhall’s Luton plant, which employs 2000, faces uncertain future

GM board to decide on Vauxhall’s future


21.08.09

Vauxhall workers in Luton and Merseyside could learn their fate today when the General Motors board meets to decide which of two bids to accept for its European arm Opel.

A joint bid from Canadian car parts maker Magna and Russian bank Sberbank is favourite because it has backing from the German government, which is offering €4.5 billion (£3.89 billion) of finance.

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