institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Lotus has 'no plans' to close any factory

  • 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.
Insights by Ground AI
Does this summary seem wrong?

25 Articles

All
Left
1
Center
4
Right
3
Lean Left

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".

·Paris, France
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Financial Times broke the news in London, United Kingdom on Saturday, June 28, 2025.
Sources are mostly out of (0)

You have read 1 out of your 5 free daily articles.