UK 'reassured' by GM's plans for Vauxhall cars

Britain’s economy minister Greg Clark said Thursday he was “reassured” by General Motors’ plans for its European interests, including Britain’s Vauxhall, amid talk of a takeover by France’s PSA Group. “There is some way to go in discussions between GM and PSA but I was reassured by GM’s intention, communicated to me, to build on the success of these operations rather than rationalise them,” the minister said in a statement.

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