Stellantis waiting for UK government support on Vauxhall plant – report By Reuters

PARIS (Reuters) – Any investment by carmaker Stellantis in its Vauxhall plant is dependent on support from the British government for the operation, Chief Executive Carlos Tavares said on Wednesday in an interview with Les Echos newspaper.

“An investment of this type, on top of what is already planned for continental Europe, does not make industrial sense as we have enough capacity elsewhere,” Tavares was quoted as saying in the report.

The British government said earlier this week it was hopeful a good outcome could be found for the factory following Britain’s exit from the European Union and a UK plan to end the sale of new combustion engine-only cars by 2030.