Vauxhall/Opel: Proposed Takeover

Margaret Greenwood Excerpts
Monday 20th February 2017

(7 years, 6 months ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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I agree with my hon. Friend that we have in Vauxhall a very successful firm that is well regarded in the domestic market and across the continent. It is building on the success that is in prospect, but it is important that, through the discussions, that is secured in the future arrangements of the firm.

Margaret Greenwood Portrait Margaret Greenwood (Wirral West) (Lab)
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Many of the thousands of people employed at Vauxhall Ellesmere Port live in Wirral and they are understandably concerned about the future of their jobs following the announcement of PSA Group’s acquisition of Opel. Some 80% of the cars made at Vauxhall Ellesmere Port are exported directly to EU states, and 75% of the value of each car is imported. The Prime Minister is reported to have received a meeting request from the chief executive of the PSA Group, which Downing Street has said will take place

“in principle, subject to diary availability”.

Will the Secretary of State suggest that the Prime Minister make a space in her diary as a matter of urgency?

Greg Clark Portrait Greg Clark
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I think that the hon. Lady started by saying that the deal has been agreed, so let me first say that the deal has not been done. Secondly, no one could be under any illusions as to the vigour of our response. Of course, the Prime Minister will need to find the time in her diary for a meeting, but we are keen to continue the close contact we have had.