The owners of Vauxhall's Ellesmere Port plant have called on the government to offer a range of financial incentives to guarantee its future.
Owners Stellantis have said they it will close the site if it cannot reach a deal with the UK Government, putting 1,000 jobs at risk, reports Business Live.
Talks began on Monday over whether to close or invest in the plant, and a decision was expected the following day, but was delayed.
The news comes after Vauxhall's French parent company PSA last month merged with Fiat Chrysler to form Stellantis, a new automotive superpower.
Following that merger, it was revealed that the future of the Ellesmere Port plant was in doubt – largely due to the Government's upcoming ban on new petrol and diesel cars.
Now the firm's owners have spoken out for the first time this week.
A statement from Michael Lohscheller, who heads the group’s Opel and Vauxhall unit, said: “At this stage these discussions are productive but not conclusive."
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The company confirmed it is asking for financial incentives to make a new electric vehicle at the plant, as well as commitments on the trading of parts such as batteries, post-Brexit.
New Business Secretary Kwasi Kwarteng has been involved in talks with the company in a bid to urge Stellantis to invest.
Mr Lohscheller said on Thursday he hopes the Government will “behave in the interest of the UK economy", and that he hopes to reach an agreement "in the near future".
The company did not confirm an expected date for when talks would conclude and the decision revealed.
Referring to the potential of making a new electric vehicle at the plant, a Stellantis source close to the discussions added: "We would disclose this in due time, but first we need the U.K. government support to make it happen."