• Motor giant Vauxhall has made a dramatic turn-round to
14th April 1988, Page 7
14th April 1988
Page 7
Page 7, 14th April 1988
— • Motor giant Vauxhall has made a dramatic turn-round to
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record net profits of £31 million for 1987, compared with a net loss of £61.7 million during 1986.
This was almost entirely due to its vehicle production including the Astra and Astramax car-derived vans manufactured at its Ellesmere Port car plant, which is currently operating double shifts. The company sold 36,000 vans last year, including 6,000 overseas.
Chairman and managing director Paul Tosch says that he expects UK van sales to level off this year at 249,000.