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Fears 100,000 jobs could go in 'imminent' British car plant closure
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Just signed for a new Volvo for my other half last Sunday. We were looking for a one year old one and I made a silly offer for a new one i.e. £700 above the price of the second hand one. He bit my hand of and took the offer up I was very surprised the other half was very happy !
Sounds like a good buy, which one did you go for if you dont mind me asking?
I have had 3 before when I was younger and they were all well built. This one seems to be as well. Good to see they have not gone down hill after the Ford purchased them.0 -
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I went for a nearly 2 year old S80 (I would to have like to have got a new one for less than £10k but i think i may of struggled getting over £23K off:))
Sounds like a good buy, which one did you go for if you dont mind me asking?
I have had 3 before when I was younger and they were all well built. This one seems to be as well. Good to see they have not gone down hill after the Ford purchased them.
We saw the C30 diesel, test drove it and fell in love with it. I couldn't get them to throw in the winter pack though lol"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."
Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)0 -
Volvo will get sold or brought out don't forget they don't just make cars (volvo trucks etc.) and have been profitable up untill last year (but how much of that is Ford spreading losses?)
Saab have a far more limited market (salons or estates) I think that is why they are strugling also flushing their middle class image down the pan was not a good idea.
If I am not completely mistaken Ford only owns Volvo Cars, and not all the other Volvo Parts, like Trucks. That's still owned by the Volvo Group, and not in any way related to Ford. Wouldn't be surprised if the Volvo Group buys volvo Cars back from Ford for a nominal Fee (sold for 6.45 bil USD a few years ago).0 -
Looks like I was right, just managed to get this off google news. The site is a subscription site.
Germany: GM Europe "may close three or more plants"
[SIZE=-1]Automotive World (subscription), UK - 17 Feb 2009[/SIZE]
[SIZE=-1]It estimates that the Opel/Vauxhall plants most at risk of closure are Astra plants in Antwerp, Belgium and Ellesmere Port in the UK, and at least one ...[/SIZE]0 -
I think the car situation is a pre cursor for what could happen in other areas of the economy if actual price deflation takes hold (not disinflation as we are seeing at present). Once people get wind of price cuts in the offing, nobody takes the plunge and buys in case of losing out and the downward spiral gains momentum.....and is very hard to stop. That is whay the dreaded QE is being deployed, to avoid what could be a catastrophic decline. On that cheery note, I hope you all have a nice weekend.0
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Looks like I was right, just managed to get this off google news. The site is a subscription site.
Germany: GM Europe "may close three or more plants"
[SIZE=-1]Automotive World (subscription), UK - 17 Feb 2009[/SIZE]
[SIZE=-1]It estimates that the Opel/Vauxhall plants most at risk of closure are Astra plants in Antwerp, Belgium and Ellesmere Port in the UK, and at least one ...[/SIZE]
ITS NOT VAUXHALL.
They only employ 2,200 people at Ellesmere Port. Its a lot worse than that
Its Land Rover - Solihull, they employee 6,000 people. Giving the number of people employed at the site meant its easy to find out with a few Google searches.
/edit: Got Ellesmere's number wrong its only 2,200 not 3,000.0 -
ITS NOT VAUXHALL.
They only employ 2,200 people at Ellesmere Port. Its a lot worse than that
Its Land Rover - Solihull, they employee 6,000 people. Giving the number of people employed at the site meant its easy to find out with a few Google searches.
/edit: Got Ellesmere's number wrong its only 2,200 not 3,000.
so if its Land Rover, is that just the plant shutting or the whole company going? Was the government support package not good enough? too little too late again from the government?0
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