Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

G M Make It Official: Ellesmere Port To Lose 1,000 Jobs

Recommended Posts

http://today.reuters.com/business/newsArti...M-EUROPE-DC.XML

GM Europe seeks nearly 1,000 British job cuts

Wed May 10, 2006 2:42 PM ET

RUESSELSHEIM, Germany (Reuters) - General Motors Europe (GM.N: Quote, Profile, Research) has proposed cutting nearly 1,000 jobs this year at its Ellesmere Port plant in Britain to improve productivity for the Opel/Vauxhall Astra model, GME President Carl-Peter Forster said on Wednesday.

Another nail in the Miracle Economy's coffin. Not sure how much longer the VIs can say that HPI and MEW is being underpinned by high employment. The low IR angle evaporated after Mervyn's warning this morning.

Share this post


Link to post
Share on other sites

they just need to make cars that dont last so long - cars can no go up to 100,000 to 150,000 miles without problems, and rust is much less of a problem than it was.

less people are buying new because of this

:lol:

Share this post


Link to post
Share on other sites

I get fed up reiterating this but, rejoice Greens rejoice, for your desires are becoming manifest.

Road charging, black boxes etc., the slow but sure shift of car manufacturing away from the West to the East.

While we sullen proles of the collapsing West are struggling to travel anywhere at a reasonable cost the newly wealthy citizens of Asia will be happily cruising the Asia Highway in their automobiles.

Share this post


Link to post
Share on other sites

TVR, GM--what next?

I'll tell you what next, HP ckin' sauce!!! Brown sauce, Ketchup, Worcestershire Sauce, pickles, the whole lot! A central plank of our society and culture, from Victorian times to Carry on films to your traditional Greasy spoon cafe and fried breakfasts. After nearly a century, they've had their chips and are packing off to the Holland. Holland!! I don't know if the Dutch even like Brown sauce!

boomer

http://news.bbc.co.uk/2/hi/uk_news/england...nds/4756859.stm

Edited by boom_and_bust

Share this post


Link to post
Share on other sites
I get fed up reiterating this but, rejoice Greens rejoice, for your desires are becoming manifest.

Yes, funny, isn't it. The left want to force cars off the road, but without closing down car companies. I guess we'll all buy cars and just leave them sitting outside our houses for show.

Share this post


Link to post
Share on other sites

Looks like GM decision is confirmed:

http://uk.biz.yahoo.com/11052006/140/fears...xhall-jobs.html

Fears Grow For 1,000 Vauxhall Jobs

General Motors (NYSE: GM - news)
looks almost certain to axe 1,000 jobs on Merseyside
. It wants to cut production of the Vauxhall Astra at Ellesmere Advertisement
Port, GM Europe President Carl-Peter Forster has admitted. Unions are urging the company to spread the production cuts across other GM (NYSE: GM - news) plants in Europe.
But in a statement which has increased workers' fears, Mr Forster said that idea was not "super-attractive".

With 1000 jobs cut how many houses is that on the market? :( Things not so good Upnorth or the Midlands with the fallout from Rover and Peugeot still dampening Midlands House Prices.

Share this post


Link to post
Share on other sites

they just need to make cars that dont last so long - cars can no go up to 100,000 to 150,000 miles without problems, and rust is much less of a problem than it was.

less people are buying new because of this

:lol:

Sort of. But now it costs so much to get repairs done that before long it'll be cheaper to buy a new car when the headlight bulb goes :rolleyes:

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.