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GM says will not "rationalise" UK operations - British minister

Published 2017-02-16, 08:55 a/m
© Reuters.  GM says will not "rationalise" UK operations - British minister
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LONDON, Feb 16 (Reuters) - British business minister Greg Clark said he had been reassured by General Motors (NYSE:GM) GM.N that the firm did not intend to "rationalise" its Vauxhall operations in the UK, after a meeting held to discuss GM's merger talks with France's PSA PEUP.PA .

"There is some way to go in discussions between GM and PSA but I was reassured by GM's intention, communicated to me, to build on the success of these operations rather than rationalise them," Clark said in a statement. "We will continue to be in close contact with GM and PSA in the days and weeks ahead."

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