Lotus has 'no plans' to close any factory
Summary
Lotus, a car manufacturer, stated that it has no plans to close any of its factories, despite considering opening a new plant in the US. The company is exploring its options in the global market while continuing its operations in the UK.Key Facts
- Lotus announced there are no plans to close any factories.
- The company is thinking about starting a new plant in the US.
- The BBC reported that the production at their main site in Hethel, Norfolk, might end, affecting 1,300 jobs.
- Production stopped temporarily in Hethel due to tariffs on car imports to the US.
- The US market is important for Lotus, but a 25% import tax on cars and parts poses challenges.
- Lotus confirmed its commitment to maintaining operations in the UK.
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