Weather Afternoon: 9°c Sunny spells Tonight: 5°c Partly Cloudy Night

Business

UK plant bids to win Vauxhall green deal

8 Oct 2009


Britain could win the second contract to be the sole European manufacturer of mass-market "green" cars.

The head of Vauxhall's Ellesmere Port plant said the factory was a front-runner to win the contract to build Vauxhall/Opel's new electric saloon car under its new owner Magna.

Last month, arch-rival Toyota chose its plant near Derby to build the new generation of half-electric, half-petrol Auris hatchbacks in a major boost to Britain's green engineering credentials.

Today, Tom Schmidt said Ellesmere Port could soon be chosen to build the Ampera, the European version of General Motors' electric-powered Volt.

Vauxhall/Opel's Astra plants across Europe are vying for the job-saving project.

"We're in a position to win it," Schmidt told Bloomberg. "But there are other Astra plants throughout Europe that would have the same ability, so we need to make sure the plant is efficient and there's a reason to build it there."

Ellesmere Port faces a crunch time when the Astra model is replaced in 2015 and factory contracts for Vauxhall/Opel's most successful model come up for renewal again.

Schmidt said the plant needed to sell far more Astra models worldwide.

Reader views (0)

 Add your view

No comments have so far been submitted.


Add your comment

 

Terms and conditions Make text area bigger You have  characters left.

We welcome your opinions. This is a public forum. Libellous and abusive comments are not allowed. Please read our House Rules.

For information about privacy and cookies please read our Privacy Policy.


 

 

  • Moody's threat to Europe's banks sparks fury in City Euro problem graph Moody's has sent shockwaves through the global banking system and sparked fury in the City, as the ratings agency threatened to slash the...
  • Bank's China bond call Peter Sands One of London's most senior bankers is calling on the government to issue a renminbi-denominated bond as part of a charm offensive to boost...
  • Seven Olympus bosses held over £1bn fraud Olympus "After going to hell and back this is a day to remember," said fired Olympus boss and whistle-blower Michael Woodford after seven executives...
  • Spain pays for rating cut Struggling Spain has managed to prise another €4 billion (£3.3 billion) from jittery bond markets today but was forced to pay more for the privilege
  • Kingfisher bonus time as targets are smashed B&Q Ian Cheshire, B&Q owner Kingfisher's chief executive, and his top team are set for bumper payouts after smashing its bonus scheme's targets
  • Greek impasse hits euro Greek protesters European stock markets were jittery and the euro has dropped to its lowest level in four weeks as the brinksmanship between Greece and its...
  • PPR thrives as luxury brands remain strong Handbag Add £1000 python skin Gucci handbags to the list of things that remain popular despite the economic gloom
  • BAE set to axe more jobs as profits go into retreat BAE BAE Systems has raised the prospect of further job cuts as Britain's biggest manufacturer announced a disappointing set of results for 2011...
  • Reed Elsevier sees growth despite tough economy Anglo-Dutch publishing and events group Reed Elsevier reported a rise in full year profit and said it expected to generate more revenue and profit growth in 2012
  • Frothy profits at Heineken Beer The economy might be in dire straits but Brits still love a pint down the pub
  •  
    Market Roundup
    THURSDAY UPDATE

    Unilever urged to go for a break-up after food disappoints

    Is it time for Unilever to consider breaking up?

    More