Vauxhall Motors: Exchange Rates

(asked on 16th October 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect on manufacturing costs at Vauxhall Ellesmere Port of changes in the exchange rate since the referendum on the UK's membership of the EU.


Answered by
 Portrait
Claire Perry
This question was answered on 24th October 2017

The company has said that the planned job reductions link to reduced vehicle sales and therefore production requirements. Exchange rate changes will affect individual companies such as Vauxhall in often complex ways. The Government has a range of policies in place to support the competitiveness of the UK business environment.

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