Vauxhall, Opel Future in U.K. Hinges on Post-Brexit Supply Issues

Stellantis NV, the owner of Vauxhall and Opel plants in the U.K., will decide in the coming weeks on the future of those factories after freezing investments for months due to Brexit-related uncertainties.

The automaker formed from the merger of PSA Group and Fiat Chrysler is encouraged by the trade accord reached late last year with the European Union, Chief Executive Officer Carlos Tavares told Bloomberg Television Tuesday. The agreement spares vehicles from tariffs as long as manufacturers source enough parts content from the U.K. or EU.