No Vauxhall decision until January

Opel/Vauxhall CEO Nick Reilly won’t present his restructuring plans for the firm until January.

Reilly had planned to reveal the future for Opel/Vauxhall this month, but this has now been delayed to ensure the decision isn’t “rushed”.

Writing in his official blog, Reilly said: “Although we had hoped to have the new business model finalized in December, it appears that more work needs to be done and further consultations will not be rushed.

"This is going to be one of the largest, most complex industrial reorganizations in European manufacturing in years. It will affect thousands of people and their families [and] impact plants and other stakeholders.

“Our company needs great products and a winning product portfolio, which includes future technologies and investments. To that end, I held a day-long meeting with senior Opel leadership Tuesday to strategise on what needs be done now and in the new year.”

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