100 Vauxhall dealerships under threat
Some 100 dealerships selling Vauxhall cars look to be facing closure piling more misery onto the brand which shed 400 of its manufacturing 1,800 workforce at Ellesmere Port at Christmas.
PSA, which bought the company from General Motors in 2017, intends to slash up to a third of Vauxhall’s UK retail sites in the next 12 months, threatening a further 3,800 jobs, according to industry publication Automotive Management.
According to data from the Society of Motor Manufacturers, Vauxhall sales fell 22% in 2017, with its market share falling from 14% in 2008 to 7.8% now.
PSA is also the owner of Peugeot and Citroën. Although the company enjoyed record profit and sales in 2017, but Vauxhall – the British division of its Opel division – fell behind.
PSA has not commented on the report.