UK union fears grow over future of GM's Vauxhall plants: source

1487598151

LONDON The head of Britain’s biggest trade union Unite is likely to meet the CEO of Peugeot (PEUP.PA) on Friday in London to discuss the potential takeover of General Motors’ (GM.N) European operations, a trade union source told Reuters.

“It looks like it is happening on Friday morning,” the source said of the meeting between Unite General Secretary Len McCluskey and Peugeot Chief Executive Carlos Tavares.

There is growing concern over the future of GM’s British Vauxhall plants following reports Peugeot has pledged to continue operating all four of GM’s German production sites if the deal goes ahead, the source also said.

Peugeot Chief Executive Carlos Tavares is also due to meet Prime Minister Theresa May this week although the date has not been confirmed.

(Reporting by Costas Pitas; editing by Kate Holton)

Reuters



Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


Loading next story…
Just in:
Dubai hotel provides free public co-working space // Qatar economy contracts 7% as energy output slumps // SCX Corporation Accelerates SC Group’s Recurring-Income Businesses // Haldwani purification row: Caste back on political centre-stage // Midea to Showcase SpaceMaster Series with Graphene Technology at IFA 2026 // Delhi tops SIR deletion in percentage, Maharashtra in absolute numbers // Best Mart 360 Reports Interim Revenue Growth to HK$1.45 billion // Apical Provides Free Health Screenings and Treatment for Lubuk Gaung Residents // InnoHK R&D Centres Establish Base at Science Park to Drive Emerging Industries and Pioneer Future Innovation // LatAm gushers and possible Venezuela exit a nightmare for Opec // India plans own orbital space outpost, second after China // Adobe widens Saudi AI access with $4 billion programme // The Mineral Boutique Limited Welcomes CCS Clarification and Reaffirms Asia Growth Strategy // Macao Economic, Trade, and Tourism Investment Promotion Seminar Convened in Jakarta, Indonesia, Fostering Multi-Dimensional Cooperation to Jointly Explore New Opportunities Along the Silk Road // Trump rejects munitions fears as Iran clashes resume // Hong Kong Science and Technology Parks Corporation Kicks Off 25th Anniversary Prelude “Innovation. Next by Nature.” // Russia brings cryptocurrency market law into force // Apple raises evidence-destruction claims against OpenAI // What Shein’s $27bn IPO means for Mubadala // Macao Economic, Trade and Tourism Investment Promotion Seminar Held in Singapore, Deepening Multi-Domain Cooperation to Empower Regional Growth //