Lotus has 'no plans' to close any factory
HETHEL, NORFOLK, UNITED KINGDOM, JUN 29 – Lotus is assessing global production options to maintain competitiveness amid US tariffs but confirms no factory closures, safeguarding around 1,300 jobs at its historic UK plant.
- Lotus Cars confirmed it has no plans to close any UK manufacturing sites and is continuing normal operations at its Hethel base.
- The company is under pressure due to a 25% US tariff on imported vehicles, which has disrupted Hethel production and complicated exports.
- Lotus is exploring new global market opportunities, especially in North America, while emphasizing its commitment to Norfolk and the UK workforce.
- Labour MP Ben Goldsborough vowed to fight to keep the Hethel facility open, stating he will do 'everything in my power' to maintain its operations.
- Business Secretary Jonathan Reynolds plans talks with Lotus owners to reassure stakeholders amid production concerns raised by tariffs and potential relocation rumors.
24 Articles
24 Articles
CHRONIQUE. Owned by the Chinese Geely, the British denied on Saturday to consider relocating its production of luxury cars to the United States, its first market. But caught between the planned end of thermal engines in Europe and US customs duties, he recognizes "actively exploring" new options, says Isabelle Chaperon, economic journalist in the "World".
Car maker Lotus says it has no plans to close English factory
British-based sportscar company Lotus said it has no plans to close a factory in eastern England, following a report in the Financial Times which said manufacturing there could end with the loss of 1,300 jobs.
Minister steps in to stop closure of Lotus factory as carmaker says ‘no plans to close the factory’
Lotus’ Chinese owners said there are ‘no plans’ to end production in the UK after the government reportedly intervened in plans to shut its factory in Hethel, Norfolk.
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