It's not just car workers at Vauxhall who've been assured they can pay their bills tonight, there are workers across the North West whose future just got a little brighter. 20 percent of the car components used at Ellesmere Port come from the UK.
The extra investment means more work for companies in the supply chain and, crucially, more jobs. More from our correspondent Matt O'Donoghue.
It's the big car making announcement deal that'll save more than two thousand jobs, and create thousands more. Vauxhall says it'll build a new model Astra at its plant in Ellesmere Port.
It means workers can breath a huge sigh of relief. It also means new job opportunities there and along the supply chain. Our correspondent Ralph Blunsom has more.
700 jobs have been created at the once doomed Vauxhall factory at Ellesmere Port in Cheshire.
Chairman Duncan Aldred, who first worked at the Ellesmere Port factory 20 years ago as a graduate, said it was an "historic day" for Vauxhall. Read the full story here.
– Chairman Duncan Aldred
This is great news for the Ellesmere Port plant, our employees, the local community, our suppliers, the Vauxhall brand and the UK. We have been able to develop a responsible labour agreement that secures the plant's future. This is assisted by the Government's industrial strategy, increasing its focus on the manufacturing sector and creating ideal ground for companies to build up long-term investments."
After weeks of speculation Vauxhall has confirmed that the new Astra WILL be built at Ellesmere Port in Cheshire. It means seven hundred new jobs and a boost for the local economy . Vauxhall chairman Duncan Aldred and business secretary Vince Cable say its an 'historic day.'
Jobs saved at Ellesmere Port with news of a £125 million investment in Vauxhall's car plant, creating thousands of new jobs.
The next generation of its Astra model will be built at the firm's factory in Cheshire.
Around 700 new jobs will be created there.
General Motors are expected to hold a press conference at Ellesmere Port at 10am today.
It's thought they're going to say the next generation of the Astra will be built at the Cheshire site, where more than 2,100 people work.