Mandelson to meet with Magna and German officials

Wednesday, 10 June 2009
maldelson_in_car_largeBusiness Secretary Lord Mandelson is to have meetings in Germany with senior Chancellery officials and economics minister Karl-Theodor zu Guttenberg regarding the future of Vauxhall in Britain.

He is also due to hold talks with Magna, the preferred bidder for GM Europe.

A statement from the Department of Business, Environment and Regulatory Reform said: "The UK Government has been working closely with all the parties involved for months to set up a long term capital structure for GM Europe including the UK operations in Ellesmere Port and Luton.

Ellesmere Port and Luton

Lord Mandelson said: "The Government is continuing to do all it can to secure the future of production at the Luton and Ellesmere Port plants.

"The UK Government is at the heart of the discussions on securing a commercial solution for GM Europe. I continue to fight for the best interests of all Vauxhall's workforce in the UK."

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John M. Ufton said:

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I can throw a Vectra further than I trust Mandelson ....
 
June 11, 2009
Votes: +1

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