PSA boss set to meet PM as Vauxhall sale looms
The owner of Vauxhall is racing to offload the carmaker to Peugeot before the prestigious Geneva Motor Show next month, as speculation grows that production of the Astra could be shifted to France as part of the deal.
It's understood General Motors (GM) and PSA Group are eager to ink a deal within the next two weeks to prevent the proposed tie-up overshadowing their presence at the industry showcase on March 9.
It comes amid fresh concerns over the future of Vauxhall's UK workforce, with analysts predicting the deal will spark the closure of the Ellesmere Port plant and see manufacturing of the Astra moved to France.
GM's European operations include Vauxhall and Opel, while PSA Group owns Peugeot and Citroen.
Around 1,900 staff manufacture the Vauxhall Astra at Ellesmere Port and a further 1,500 people produce the Vauxhall Vivaro van in Luton. PSA chief executive Carlos Tavares is expected to meet Prime Minister Theresa May this week.