Welcome to WikiWirral, sharing is what we do best.
Forum Stats
12226 Members
65 Forums
72755 Topics
980590 Posts
27 posts in the last 24hrs
Max Online: 7831 @ 8th Apr 2013 4:18pm
Who's Online - Click Me
75 registered (11kendo, 14 invisible), 1729 Guests and 185 Spiders online.
Key: Admin, Global Mod, Mod
Social Media : Follow Us

(Views 7days)This Weeks Most Read
Doris is on her way 1300
vet fees 425
Internet Explorer Not Working 404
Is This ART ? 393
Chef's knife. 348
Dangerous Tumble Dryers 344
roofers 243
Wirral Bus Review 240
Seeking old pictures of Egerton Street area, Birkenhead 227
Aerial engineer 221
New General Forums
Nigel Farage speaks at the CPAC.
by snowhite
24th Feb 2017 6:28pm
Is This ART ?
by granny
23rd Feb 2017 9:56am
Wirral track renewal
by snowhite
22nd Feb 2017 2:42pm
Ice in the 1800's
by granny
21st Feb 2017 9:47pm
New Wirral History
Seeking old pictures of Egerton Street area, Birkenhead
by yoller
19th Feb 2017 7:53pm
TS Indefatigable
by granny
18th Feb 2017 3:32pm
RIP : Chris Kay
by granny
31st Aug 2016 9:25am
Children's home on the Overchurch
by xleahx
26th Apr 2011 7:01pm
423 Archers, Wirral Mark Rake, Wirral, Merseyside
by derekdwc
13th Sep 2009 10:50pm
Forum Tips
Photo Gallery Forums
fireworks on the Mersey last night
Hadlow train station
Topic Replies
What song are you listening to?
by granny
0 seconds ago
2x Brit Floyd tickets 3rd March City entrance
by ambersmum
Today at 10:46 AM
Removal of Shed Timber
by fish5133
Yesterday at 10:45 PM
Tranmere Rovers
by starakita
Yesterday at 09:52 PM
Is This ART ?
by Greenwood
Yesterday at 07:06 PM
Doris is on her way
by diggingdeeper
Yesterday at 06:06 PM
Wiki Ghost Hunters Chat
by venice
Yesterday at 03:47 PM
Rescued Animals.
by venice
Yesterday at 03:43 PM
Blaupunkt 32" tv
by jaylow
Yesterday at 03:04 PM
M Tu W Th F Sa Su
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28
Recent Posts : What's On ?
Lion Salt Works/Weaver Hall Museum
by venice
19th Feb 2017 12:19pm
Wirral TUC Meeting re Update on Wallasey CLP Suspe
13th Feb 2017 8:50pm
Topic Options
Rate This Topic
#315806 - 5th May 2009 2:03pm Fiat plans Vauxhall takeover

Union’s fears over Ellesmere Port plant as Fiat plans Vauxhall takeover

UNION leader Tony Woodley says the Government must step in to secure the long-term future of Vauxhall’s factories after Fiat proposed a takeover of the car manufacturer.

Italian group Fiat is considering buying the European arm of troubled US business General Motors, which includes Vauxhall and its 2,000 workers at the Ellesmere Port plant. Fiat may merge its own car-making operations with GM’s European arm, which includes German company Opel, and its 20% interest in manufacturer Chrysler, which entered bankruptcy protection in the US last week. The firm said that would create a car giant with around £71bn in annual revenues.

Merseyside-born Mr Woodley, joint general secretary of union Unite, says the move worries him as it could mean job losses across Europe.

Ellesmere Port is seen as one of GM’s most efficient European plants and will later this year start building the new generation Astra car in a move that should secure its long-term future.

But Mr Woodley, who once worked at the site, says he wants the Government to work with GM Europe to ensure Vauxhall’s 5,000 UK jobs are preserved.

He said: “These proposals are not so much a Sale as a giveaway. Fiat has struggled for years to get back into profit and now they want to swallow two elephants – GM Europe and Chrysler – simultaneously.

“Inevitably, plants will be reduced across the EU if this takeover goes ahead, and there are real questions over what this will mean for UK plants where Fiat already owns similar operations. Quite frankly, this move sends shivers down my spine.

“In a perfect world, GM Europe should stay part of the global GM family, but if that is not to be the case then my preferred solution is that our government, in conjunction with the German and Spanish governments, takes some ownership which would stabilise the industry and this company.

“If our government is serious about manufacturing, as I believe it is, and serious about ensuring manufacturing will be key to seeing this country out of the recession, then I urge them to do the sensible thing and act to protect our plants.”

Vauxhall was founded in London in 1903. It has been wholly-owned by the General Motors group since 1925 and is responsible for around 20% of GM’s European revenues.

Fiat’s chief executive Sergio Marchionne will assess the viability of the merger in the next few weeks, with the aim of ensuring “the most favourable conditions for the strategic development of the automotive sector”, the firm said.

In an interview with the Financial Times, Mr Marchionne said the potential deal was a “marriage made in heaven” from an industrial and engineering point of view.

The new company would sell up to 7m cars a year, making it second only to Toyota in the global market.

Mr Marchionne met politicians and European officials in Germany yesterday to press the case for the deal.

Financial analysts said a Fiat/GM deal could make sense for both companies but said Fiat would have to reassure governments about any cost-cutting plans.

Business analyst Michael Tyndall, of Nomura International, said: “It’s all very well to say they (Fiat and GM Europe) compete broadly in the same markets with similar platforms and there may be economies of scale. But the broad translation of ‘economies of scale’ is ‘fewer jobs’ and I’m not sure if the Italian or German governments have the appetite for the job losses a merger would entail.”

The motor industry is vital to Merseyside’s economy, employing thousands at car plants and their suppliers, but car sales have plummeted during the recession.

Jaguar Land Rover (JLR), which employs 2,000 people at its Halewood plant building Jaguar X-Type cars and Land Rover Freelander 2 4x4s, has been particularly hard hit as demand for premium cars has slowed.

The Daily Post, along with the Liverpool Echo and its sister papers in the West Midlands, is urging the Government to Support JLR by giving it loan guarantees to help it survive the recession.


Local News : Advertising
Click me for more Information......

* * * Emelec Electrical Services * * *
Now Advertise with WikiWirral.
WikiWirral stats 35,000 Page Views a Day +500 Search Engines.. Click Me
#315812 - 5th May 2009 2:08pm Re: Fiat plans Vauxhall takeover [Re: ]
StuyMac Offline

Wiki Master

Registered: 24th Nov 2003
Posts: 12002
Loc: Wirralshire
I dont know whats worse a Vauxhall with Vauxhall build quality, or a Vauxhall with Fiat build quality raftl

What If There Were No Hypothetical Questions?

#318508 - 13th May 2009 5:01pm Re: Fiat plans Vauxhall takeover [Re: StuyMac]

Ellesmere Port union bosses see Fiat Vauxhall axe plans

UNIONS today confirmed they have seen Fiat documents suggesting Vauxhall's UK plants will close by 2016.

The plan – dubbed Operation Football – would cost 2,000 jobs at Ellesmere Port. But the Italian car giant said it has already moved on to a new scheme.

The News came as it emerged General Motors Europe, which includes Vauxhall, could have a new owner before the end of this month.

British unions are liaising with European counterparts to fight front runner Fiat amid fears the plant’s popular Astra could lose out to similar Fiat models in any buyout.

Fiat chief executive Sergio Marchionne is confident he can clinch the deal saying earlier this month: “This will be done in May.”

But unions across Europe oppose Fiat’s plans claiming they could cost up to 20,000 jobs in plant closures, including the UK’s two sites in Ellesmere Port and Luton which employ 5,000 staff.

German trade unions are believed to have copies of Project Football, the proposal for a merged Fiat/GM Europe/Chrysler group that outlines plans to shut the UK plants.

Fiat said they have now been shelved for “Project Phoenix.”

Ellesmere Port union convener John Fetherstone said he saw the Project Football proposals and believes the future of Vauxhall in the UK is still in serious jeopardy.

While he does not believe Fiat has a final plan the version he did see “doesn’t include Ellesmere Port.”

He said: “We have seen paperwork for Project Football – German unions have got the plans – and it is in the background. There are no benefits from Fiat ownership”

US parent group General Motors (GM) is desperate to offload its European division as it struggles to reorganise itself ahead of a June 1 deadline set by President Barack Obama’s government.



Moderator:  Mod 
Random Wirral Images

Click to View Topic.
Newest Topics
Tranmere Rovers
by cools
Yesterday at 09:17 PM
Removal of Shed Timber
by Julie64
Yesterday at 01:31 PM
Wirral Bus Review
by Norton
24th Feb 2017 11:42am
Aerial engineer
by ponytail
23rd Feb 2017 6:01pm
by thisledous
23rd Feb 2017 4:44pm
For Sale & Free
Blaupunkt 32" tv
by jaylow
Yesterday at 03:04 PM
2 x Sum 41 tickets Manchester 25/02
by turnip
24th Feb 2017 7:47am
Sony Smartwatch 2
by Mike_Hoylake
23rd Feb 2017 9:25pm
Brother printer
by saltytom
23rd Feb 2017 11:02am
Mk6 Golf TDI 1.6
by Cjoshea
22nd Feb 2017 11:05pm
Featured Member
Registered: 26th Nov 2011
Posts: 438
Newest Members
catchthepigeon_, Scoobyp1, Bradshawbatho, raybb, CliveK
12227 Registered Users
Today's Birthdays
No Birthdays
New Wirral Info
Removal of Shed Timber
by Julie64
Yesterday at 01:31 PM
Aerial engineer
by ponytail
23rd Feb 2017 6:01pm
by thisledous
23rd Feb 2017 4:44pm
Lion Salt Works/Weaver Hall Museum
by paxvobiscum
18th Feb 2017 9:19pm
Patio work
by steamfan
18th Feb 2017 3:45pm
News : New Topics
Wirral Bus Review
by Norton
24th Feb 2017 11:42am
Dangerous Tumble Dryers
by diggingdeeper
23rd Feb 2017 2:03pm
Doris is on her way
by granny
22nd Feb 2017 8:43pm
by venice
17th Feb 2017 11:15am
On-street parking charges dropped
by oldpm01
15th Feb 2017 9:10am
New Enthusiast Forums
Tranmere Rovers
by cools
Yesterday at 09:17 PM
Chef's knife.
by Beethoven
23rd Feb 2017 12:39pm
irish music entertainer for St Patrick's night
by kazaroo
22nd Feb 2017 3:07pm
Internet Explorer Not Working
by fish5133
22nd Feb 2017 12:25am
vet fees
by eggandchips
20th Feb 2017 12:01am
(Views 24hrs)Trending Newest Topics
Removal of Shed Timber 133
Tranmere Rovers 84
Wirral Sunrise Sunset
Sunrise Sun 7:04am
Sunset Sun 5:45pm
Local Time Sun 12:28pm
WikiWirral Can . . . .
Advertising Click me
To Advertise with
Wikiwirral Click Me