Vauxhall to cut jobs in the North West
16th October 2017.
Vauxhall has announced it will cut 400 jobs at its Ellesmere Port plant amid falling sales. A spokesman said the automotive firm is “facing challenging European market conditions”.
In early 2018, staff at the plant will work one shift instead of the two they currently work. The site only produces the Astra model, a family hatchback, which is a fast-shrinking segment of the market.
The Ellesmere Port site was saved from closure in 2012. It has been seen as a risk because it imports 75% of its components and exports 80% of its vehicles. There are currently 1,800 workers on the site.
Vauxhall was taken over by PSA – the company behind Peugeot and Citroen – in August, having previously lost money ever year since 2000 under its previous owner, General Motors.
Last month, PSA Chief Executive Carlos Tavares admitted the group’s strategy for Vauxhall was up in the air due to uncertainty over Brexit.
CPA’s members in the North West will be concerned at the hit to the North West economy, the job cut will cause. Also likely to be hit are numerous local ancillary and support companies and those in the supply chain. If you supply to such companies you will want to review your credit policy for those companies and be sure to monitor and check regularly their credit reports. The Credit Protection Association can help you recover the money you are owed and help you continue to trade with confidence by providing up to date credit information.
The Credit Protection Association is a credit management company established in 1914. If you supply goods or services on credit then we can help you!
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