Vauxhall
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Asked if the Prime Minister thought a good commercial decision had been made yesterday in relation to GM selling its European arm, including Vauxhall, to Canadian car parts firm Magna, the PMS said that we wanted to get the best possible outcome for the Vauxhall workforce and the manufacturing plants in the UK. Ultimately a commercial decision had to be made by GM, but Lord Mandelson had been in close contact with all the parties involved, including Magna.
Asked if the Prime Minister was satisfied that Magna would see through its commitment to keep the two UK plants open, the PMS said that he was unable to say anymore at this stage.
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