Who Owns Vauxhall Motors
GM's ownership of Vauxhall lasted for nearly 90 years, during which time the company continued to produce a range of vehicles, including the iconic Vauxhall Viva and Vauxhall Cavalier. Under PSA Group's ownership, Vauxhall Motors continued to operate as a separate brand, with a range of vehicles, including the Vauxhall Astra, Vauxhall Corsa, and Vauxhall Vectra. The company continues to produce a range of vehicles, including the Vauxhall Astra, Vauxhall Corsa, and Vauxhall Insignia.
Who Owns Vauxhall Motors? - A History and Ownership Breakdown
Vauxhall Motors is one of the oldest car manufacturers in the world, with a rich history dating back to 1857. The company has undergone numerous changes in ownership and management over the years, with its current parent company being the French multinational corporation, Stellantis.
Early Years and British Ownership
Vauxhall Motors was founded in 1857 as a pump manufacturer, but it didn't start producing cars until the late 19th century. In 1903, the company acquired the Vauxhall Motor and Carriage Company, which was a British company that produced cars and carriages. Vauxhall Motors continued to grow and expand its operations over the years, becoming one of the largest car manufacturers in the UK.
In 1925, Vauxhall Motors was acquired by General Motors (GM), an American multinational corporation. GM's ownership of Vauxhall lasted for nearly 90 years, during which time the company continued to produce a range of vehicles, including the iconic Vauxhall Viva and Vauxhall Cavalier.
European Union and GM's Decision to Sell
In 2007, the European Union imposed a cap on GM's ownership of General Motors Europe (GME), which included Vauxhall Motors, to 25%. This was due to competition concerns and the fact that GM owned more than 50% of GME. As a result, GM was forced to reduce its stake in GME to below 25%.
In 2010, GM announced plans to sell Vauxhall Motors to the Russian state-run lender, Sberbank, in a deal worth around £1.4 billion. However, the deal fell through due to a lack of financing and regulatory issues.
Peugeot and PSA Group Take Control
In 2012, GM sold Vauxhall Motors to the French multinational corporation, PSA Group (now known as Stellantis), in a deal worth around £1.1 billion. PSA Group, which was founded in 1976, was a major player in the European automotive industry, with a portfolio of brands including Peugeot, Citroen, and Opel.
Under PSA Group's ownership, Vauxhall Motors continued to operate as a separate brand, with a range of vehicles, including the Vauxhall Astra, Vauxhall Corsa, and Vauxhall Vectra. However, PSA Group's ownership was short-lived, as the company was acquired by Fiat Chrysler Automobiles (FCA) in 2021 to form Stellantis, a new multinational corporation.
Stellantis and the Future of Vauxhall Motors
As part of Stellantis, Vauxhall Motors is now one of the largest car manufacturers in the UK, with a significant presence in the European market. The company continues to produce a range of vehicles, including the Vauxhall Astra, Vauxhall Corsa, and Vauxhall Insignia.
Despite the challenges faced by the automotive industry in recent years, Vauxhall Motors remains committed to producing high-quality vehicles that meet the needs of its customers. The company has invested heavily in electric vehicle technology and has launched a number of new electric models, including the Vauxhall Mokka-e and Vauxhall Corsa-e.
Conclusion
Vauxhall Motors has a long and rich history, dating back to 1857. The company has undergone numerous changes in ownership and management over the years, with its current parent company being Stellantis. From its early days as a pump manufacturer to its current status as a major car manufacturer, Vauxhall Motors has always been committed to producing high-quality vehicles that meet the needs of its customers.
History of Stellantis
Stellantis is a multinational corporation that was formed in 2021 through the merger of Fiat Chrysler Automobiles (FCA) and the PSA Group (Peugeot, Citroen, and Opel). The company is headquartered in Amsterdam, Netherlands, and has a global presence, with operations in Europe, North America, and South America.
Stellantis Brands
Stellantis owns a portfolio of brands, including:
- Peugeot
- Citroen
- Opel
- Vauxhall
- Jeep
- Ram
- Chrysler
- Alfa Romeo
- Dodge
- Maserati
- Abarth
Stellantis Strategy
Stellantis has a goal of becoming the number one SUV and pickup truck manufacturer in the world, while also investing in electric vehicle technology and sustainable mobility solutions. The company has also committed to reducing greenhouse gas emissions and improving fuel efficiency across its range of vehicles.
Who Owns Vauxhall Motors - Delightful to be able to our site, in this particular time I'll teach you regarding Who Owns Vauxhall Motors. And from now on, this can be a initial picture.
What about graphic preceding? is which amazing???. if you think so so, I'l d demonstrate a number of photograph all over again below :
So, if you would like obtain all of these fantastic shots about (Who Owns Vauxhall Motors), click on save icon to download these photos to your computer. They are available for obtain, if you appreciate and want to own it, simply click save badge in the article, and it'll be immediately saved to your notebook computer. Lastly if you wish to find unique and the latest photo related with (Who Owns Vauxhall Motors), please follow us on google plus or book mark this website, we attempt our best to offer you regular upgrade with all new and fresh graphics. We hope you can like staying here. For some up to date and latest news about (Who Owns Vauxhall Motors) pics, please kindly follow us on twitter, path, Instagram and google plus, or you mark this page on bookmark area, We attempt to present you up to date regularly with fresh and new photos, like your surfing, and find the best for you.
Thanks for visiting our website, article above (Who Owns Vauxhall Motors) published by dusty. Nowadays we are pleased to announce we have found an awfully interesting niche to be discussed, that is (Who Owns Vauxhall Motors) Most people looking for info about(Who Owns Vauxhall Motors) and certainly one of these is you, is not it?
Sadean Areas
Ryan Henderson
Living a fully ethical life, game-changer overcome injustice co-creation catalyze co-creation revolutionary white paper systems thinking hentered. Innovation resilient deep dive shared unit of analysis, ble
