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Realistbear

G M May Be Planning Massive Job Cuts At Ellesmere Port

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http://www.iii.co.uk/news/?type=afxnews&ar...&action=article

LONDON (AFX) - The worlds biggest car manufacturer,
General Motors Corp, is considering plans to cut nearly 1,000 jobs at Vauxhalls Ellesmere Port plant on Merseyside
in what would be another body blow to British industry, the Sunday Times reported, quoting industry sources.
The job cuts are one of a number of options being considered by GM as it struggles to reconcile falling demand for the Astra -- the model built at Ellesmere Port and other plants across Europe -- with investment plans for a new range of models, the newspaper said.
Executives from the Detroit-based automotive giant are expected to continue talks with union leaders and plant bosses this week, it added.
Industry sources said no decisions had been taken, and job losses in the UK -- or job losses on such a scale -- could still be avoided.
"There is a difficult set of negotiations still going on, and there could be more than one way to achieve the things GM wants," one industry source told the Sunday Times.

Rover, Peugeot, TVR, GM.....tick tock, tick tock

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Thank god Marr (once Labour member) gave Gordon (once-socialist) a good questioning on BBC One today, I believe he commented on such weighty issues such as his tie, obviously a huge relief to those worried about their jobs in Ellesmere Port.

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How much for a family house in Poland for a GM Polish car worker ?

Aren't all the Polish car workers getting rich working as cleaners in London?

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Aren't all the Polish car workers getting rich working as cleaners in London?

No, not all :rolleyes:

For example the very modern and therefore efficient VW and Peugeot works in Slovakia produce cars, such as the much MEW'ed Porsche Cayenne, at much lower costs than older factories in the UK, yet the market is one, the latter production has to compete with the former... and it can't.

The high costs of living in the UK and consequent wage demands turn whole industries into victims of globalisation, as we've seen with Rover, Jaguar, Peugeot, now GM?

Edited by BuyingBear

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But as David Smith said today these people are wealthy. In fact working on a production line was probably something they did for pin money, really a dalliance. Why should British men and women have to subject themselves to Dickensian working conditions when they would be better employed learning new skills in the financial services industry?

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GM may be closing a lot more down that just Ellesmere Port:

http://www.msnbc.msn.com/id/12675062/

Moody's review of GM rating could threaten GMAC sale

Financial Times

Updated: 1:10 p.m. ET May 7, 2006

Moody's placing of the unsecured credit rating of General Motors on review for downgrade on Friday threatens to bring the world's largest carmaker closer to the level where the $7.4bn sale of its finance arm could be jeopardised.
Moody's kept GM's main rating at B3 with a negative outlook, but warned that any strike at Delphi, GM's biggest supplier, would be likely to prompt a downgrade review.

Meanwhile, looks like UK is being overlooked by Toyota for their possible new plant in Europe:

http://www.iii.co.uk/news/?type=afxnews&ar...&action=article

FRANKFURT (AFX) - Toyota Motor Corp is examining the possibility of building a manufacturing plant in Europe, according to AutomobilWoche, citing company sources.
It said start of production is planned in five years at the latest, adding that the budget for the plant has already been internally approved.
Annual production capacity is around 100,000 passenger cars, the report said.
Germany and France are being considered as a possible production site
, it added.

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I know the General Manager I shall ask tomorrow, incidentially he has been brought over from Spain, renting a £2k a month house in Chester and has three children at Mostyn House at £1900 a term all paid for by GM so they can't be doing too badly.

He did say a few weeks ago though if it was up to him he would close Ellesmere Port so maybe they asked his opinion !

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But as David Smith said today these people are wealthy. In fact working on a production line was probably something they did for pin money, really a dalliance.

You're quite right, their work is simply a folly, a mere sideline to keep them occupied whilst they concentrate on their main task; watching their home go up in value for no reason whatsoever.

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Price of typical car workers house in Ellsmere port say £220k GM will need to keep paying big money to its workers in the UK .

How much for a family house in Poland for a GM Polish car worker ?

http://www.rightmove.co.uk/viewdetails-113...pa_n=1&tr_t=buy

I live in Ellesmere Port (sadly). House prices are not "typically" that high. 150K is about the median.

Vauxhall took on about 1000 new workers (including 3 of my mates - one my ex next door neighbour) a few years back. Mostly the workforce has aged - I'd guess at the typical "on the line" worker would be about 40 -50.

I talked one of my mates out of buying his landlord's BTL about 6 months ago. B) (NO 5H1T).

Bloody Hell, my Dad works there.

Where are you from?

I know the General Manager I shall ask tomorrow, incidentially he has been brought over from Spain, renting a £2k a month house in Chester and has three children at Mostyn House at £1900 a term all paid for by GM so they can't be doing too badly.

He did say a few weeks ago though if it was up to him he would close Ellesmere Port so maybe they asked his opinion !

Yeah, It's easier to shut things down if you are a shite manager, rather than turn them around.

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Why any surprise, I repeat what I've said before.

No more car manufacturing in the UK in ten years time.

Of course no components either.

No research and development.

Can anyone put up a credible argument why there should be, assuming current World conditions continue?

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Why any surprise, I repeat what I've said before.

No more car manufacturing in the UK in ten years time.

Of course no components either.

No research and development.

Can anyone put up a credible argument why there should be, assuming current World conditions continue?

Only either massive protectionism or a MASSIVE levelling of global wages, living standards and taxation.

ANYTHING can happen.

Your outlook looks the most probable IMO.

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Apart from Cheshire OAKs a little further down the motorway. The only main employers are Vauxhalls and British Aerospace (N.Wales way). The area has lost jobs in BA is believe, I dont think it could cope with Vauxhalls going. :unsure:

TB

OH and Unilever - but I hear they are selling their site in Bromborough for housing!!!

Edited by teddyboy

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Apart from Cheshire OAKs a little further down the motorway. The only main employers are Vauxhalls and British Aerospace (N.Wales way). The area has lost jobs in BA is believe, I dont think it could cope with Vauxhalls going. :unsure:

TB

OH and Unilever - but I hear they are selling their site in Bromborough for housing!!!

You are forgetting the last big industry in the area.

I just hope they keep making petrol in the area!! ;) or :unsure:

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I myslef use to live in Stanny Grange but have long since moved and now live in Kent. My dad is still there, he just turned 50 and to be honest I'm not sure what sort of job he could get if he lost the one he has now.

Edited by HomeAlone

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Shell had a spate of redunancies last year.

Might have to join you in the sand pit then. In some ways this would be a relief.

I myslef use to live in Stanny Grange but have long since moved and now live in Kent. My dad is still there, he just turned 50 and to be honest I'm not sure what sort of job he could get if he lost the one he has now.

That's just 5 mins from where I am.

Is your Dad on the line? I do worry about what skills these lads have if they were to become redundant too. The problem with jobs like these is if you lose them, especially late in life, you can be pretty screwed.

Edited by vinny

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OH and Unilever - but I hear they are selling their site in Bromborough for housing!!!

Of course, our planning system now gives undue value to brown field land, easier to knock down the factory and make a pretty penny then set up in Eastern Europe on a gifted site.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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