Vauxhall sheds hundreds of jobs as sales accelerate by over £300m Transport and infrastructure Vauxhall shed hundreds of jobs in 2023 as its sales accelerated by more than £300m, it has been revealed. The Stellantis-owned brand has reported a turnover of £2.63bn for its latest financial year, up from the £2.29bn it achieved in 2022. Newly-filed accounts with Companies House also show that its pre-tax profit also increased from [...]
Stellantis: Vauxhall owner struggles after record 2023 Automotive Stellantis missed forecasts on Tuesday after first quarter revenue dropped 12 per cent to €41.7bn (£35.6bn).