Stellantis to decide in ‘less than a year’ whether to keep Ellesmere Port and Luton production lines open amid ‘soft’ EV demand
Tue 25 Jun 2024 06.34 EDT
The owner of the Vauxhall, Peugeot and Citroën brands has warned its car plants in Ellesmere Port and Luton could close unless market demand for electric vehicles and “stupid” regulatory conditions change.
The UK managing director of Stellantis said the company did not want to shut operations in the UK but it would make a decision in “less than a year” in the face of unreasonable government sales quotas and lack of consumer incentives in relation to VAT on vehicles and electricity.
“You have to make strategies that are based on efficiency. I want to keep the production [in the] UK and I want to be clear on this,” Maria Grazia Davino said.
She added that the demand for EVs was “soft” and unless there were further incentives for businesses to buy the electric commercial vehicles or more support from the government it may have…