The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29 - Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
550 jobs Number of planned job creations
Announcement Date
28 July 2014
Employment effect (start)
1 July 2012
Foreseen end date
1 July 2015
Description
Vauxhall is a UK branch of General Motors from 1925. The company produces several models from GM's brands. In 2012 employees accepted a freeze of salary in exchange for more investments in the British plants in Luton and Ellesmere Port. Thanks to such investments the production in UK in 2014 has increased and 550 new jobs have been created, while the German plant in Bochum has closed. While in 2009 UK production was at its lowest point, by 2014 it has increased 50%.
Eurofound (2014), Vauxhall, Reshoring in United Kingdom, factsheet number 182, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/182.
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