Mar 7, 2017
Peugeot boss wants to 'unleash Vauxhall potential'
"We are going to open the gates" to exporting outside Europe he said in an interview with the BBC. Mr Tavares downplayed suggestions that plants would have to close after Peugeot buys General Motors Europe. PSA, Peugeot's parent company, has agreed to buy the European operations of General Motors, prompting concern over the future of its UK-based Vauxhall operations in Ellesmere Port and Luton. Mr Tavares offered some reassurance, suggesting that both PSA and Vauxhall were operating at high levels of capacity, and that demand overseas would justify maintaining production. "For many, many, years Opel Vauxhall could not export cars outside of Europe, that was something that General Motors didn't want them to do. PSA is going to unleash this potential," he said. Why is Vauxhall being sold to Peugeot's owner?
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