General Motors’ UK operation Vauxhall would return to profitability this year after two years of losses, managing director Kevin Wale told the Financial Times (FT).

Vauxhall has focused production on its Ellesmere Port plant in Cheshire after investing £200m to allow flexible production of both the Vectra and Astra model lines, the FT said.

The FT said the car maker’s annual report, released yesterday, showed the near-halving of losses was due to a big reduction in the costs of closing the Luton plant, which amounted to £37 million last year, against £235 million the year before.

Operating costs fell almost 10% to £3.54 billion, while turnover fell 12% to £3.46 billion, the FT added.

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