US EditionLotus has 'no plans' to close any factory
- Lotus, a small British car manufacturer based in Hethel since 1966, is considering relocating part of its production abroad amid trade challenges.
- This review follows the imposition of 25% US tariffs on imported vehicles and parts, which disrupted production at Hethel and caused a 50% drop in UK auto exports to the US.
- Lotus has stressed normal operations continue with no plans to close factories, while the UK government and local MP Ben Goldsborough vow to support and keep the Hethel site open.
- Ben Goldsborough pledged to use all available means to keep the Hethel site running and support Lotus's ongoing success in Norfolk.
- The company, now majority-owned by China's Geely and expanding globally with a North American focus, faces uncertainty as it evaluates its production footprint, but trade deal changes are expected at June's end.
17 Articles
17 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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