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UK investment decision looms for Vauxhall after Brexit : CityAM

New chief exec for Vauxhall as UK investment decision looms A Cheshire plant producing the Vauxhall Astra could permanently close in April 2022. (Getty Images) Car giant Stellantis has appointed former Nissan executive Paul Wilcox as the new chief executive of British brand Vauxhall. The appointment comes as the group warned that a decision about future investment into Vauxhall’s UK operations could come “within weeks”. Speaking at an event to mark the merger of Peugeot owner PSA and Italian-American giant Fiat Chrysler, Stellantis boss Chris Tavares said that the firm had to weigh the impacts of the UK’s departure from the EU and the decision to ban new petrol and diesel car sales from 2030.

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