You are viewing s_ogrady

Econoblog

Discussion and analysis of the latest economic issues.

By Sean O'Grady, Economics Editor of The Independent.

Previous Entry | Next Entry


Vauxhall on the comeback trail

Posted by Sean O'Grady
  • Tuesday, 2 March 2010 at 05:03 pm
Good news, again for Vauxhall and Opel, GM’s European makes. Having almost been scrapped or sold to an odd consortium of Russians and Canadians, GM Europe has been given more funds by its parent, the reborn GM, though under pressure from the German government.

GM now wants European governments - manly the UK, Germany and Spain - to deliver on the restructuring, which seems a reasonable request. Much better, and overlooked by most industry analysts, is the excellent product flow - more than most car makers depend on having decent, desirable products.

The Insignia is a fine car, and so is the new Astra, built at Ellesmere Port, and the striking new Meriva - which can be seen now at the Geneva motor show - also looks like a winner.

More than anything though Vauxhall is likely to get production of the electric Ampera model - crucial for the British motor industry to get some critical mass in this new technology. Quite a comeback for Vauxhall, a brand that faced oblivion less than a year ago.

Tags:

Advertisement

Syndicate

RSS Atom

Report Comment

To report an offensive comment for review, please send a Personal Message and provide a link to the comment. The moderators will review it and take action if necessary.
Powered by LiveJournal.com
Designed by chasethestars