Britain’s union is looking for guarantees when it is looking at the future of Vauxhall after its owner France PSA Group agreed to a merger with Fiat Chrysler. This merger has led to the creation of the world’s fourth-largest car company and this has raised concerns about investment in Vauxhall. Vauxhall has a staff of 3000 in the UK both in Ellesmere Port and Luton factories. Fiat Chrysler and PSA also own Peugeot, Citroen and Opel have now merged through a $50 billion deal. The merger of Fiat Chrysler and France’s PSA is expected to be completed within the next 12 to 15 months.

Source: News 24 December 23, 2019 09:00 UTC