Lotus Plans to Keep Making Cars in UK After Plant Closure Report

Car manufacturer Lotus said that after a previous report that he would close his factory in the country, he did not plan to end production in the UK.
“We are actively investigating strategic options in order to increase productivity in the developing market and to ensure global competitiveness,” he said. “Lotus Cars continues normal operations and has no plan to close the factory.”
Financial Times, in a statement on Friday, Chinese car manufacturer Geely Automobile Holdings Ltd. The company, which was controlled by, reported that he plans to stop the production that can endanger 1,300 jobs on Hethel site in the UK. Lotus said in a statement to the newspaper that he paused the production from mid -May to manage stocks between the supply chain problems related to the US tariffs.
When it is known globally to produce brands such as mini and jaguar, the UK automobile industry has been decreasing for years and contributes to Brexit and high energy costs. The closure of Lotus’s factory, after the closing of other companies such as Honda and Ford, would issue another blow to the UK economy.
On Saturday, FT said that the British government officials reached Lotus and that the Geely executives and the business secretary Jonathan Reynolds are expected to talk to the car company on Sunday. The government refused to comment on the newspaper.
Lotus said that he has invested significantly in the UK operations in the last six years and that he was connected to the country. According to the statement, England is the largest commercial market.
This article was created from an automatic news agency feeding without changing the text.