FUTURE OF VAUXHALL

That this House notes with concern the prospect of job losses at car plants at Ellesmere Port and Luton following the restructuring of GM Europe; further notes that the Government's Automotive Assistance Programme has yet to issue a single loan in the six months since its creation; believes that ensuring a sustainable future for these plants will require the development of a prudent business plan which minimises the risk to the taxpayer; and calls on the Government to work with the new owners of GM Europe, local management and trade unions to develop such a plan and reach a solution which secures Vauxhall's future in the UK, represents good value for money and safeguards as many jobs as possible.