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Have you ever seen a plastic bag caught in swirling gusts of wind" It flies this way and that, never knowing where it will go and where it will come to rest when the wind drops.
That?s Europe, that is; right now.
Winds of change are blowing across the bleak political landscape that could affect the car industry and life in general for Great Britain.
Goodbye General Motors
It won?t have escaped your attention that General Motors is considering selling its loss-making European operation to the French PSA Group, which builds Citroen and Peugeot vehicles. This could have repercussions for the Vauxhall brand in the UK (badged as Opel on continental Europe). This is of sufficient concern for the British Prime Minister, Theresa May, to meet up with the Peugeot boss, Carlos Tavares, to discuss the potential issues, of which could mean job losses. GM has two motor plants here, at Ellesmere Port and Luton, plus sundry ancillaries. They build, among others, the popular if unexciting Corsa and Astra models which regularly feature in the UK automotive top ten. No doubt Mr. Tavares will make the usual positive noises but, as in any industry, can PSA ultimately be trusted"
It has always been very clear that when a sale or takeover of this magnitude happens there will always be an element of what is euphemistically described as “rationalization.” You can bet your bottom dollar when that word is used, then someon...