January 10, 2018 / 10:42 AM / in 9 months

UK business minister meeting Peugeot CEO to discuss Vauxhall UK plant - source

LONDON (Reuters) - Britain’s business minister Greg Clark is meeting Peugeot Chief Executive Carlos Tavares in Paris to discuss matters including the firm’s Vauxhall car plant, a source familiar with the matter told Reuters on Wednesday.

Chairman of the Managing Board of PSA Group Carlos Tavares attends a news conference in Ruesselsheim, Germany November 9, 2017. REUTERS/Ralph Orlowski

Peugeot-maker PSA said in October it would make around 400 jobs cuts at the site and announced a further 250 losses this week, reducing the plant’s workforce by a third in a bid to make it more efficient by reducing it to one shift.

“The meeting has been in the diary for a while,” the source said.

Reporting by Costas Pitas, editing by Estelle Shirbon

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