Fri, 27 Jun 2025
The BBC understands the car maker is considering the move amid the introduction of US tariffs.
* Lotus is considering ending production in UK and moving to US due to tariffs
* 1,300 jobs at risk at Hethel headquarters in Norfolk if move goes ahead
* Company under review after production suspended temporarily due to tariff disruption
* US is a major market for Lotus but tariffs threaten business with 25% tax on imports
* UK government and Trump administration agreed deal to lower tariffs to 10% from June, but manufacturers have had to pay higher rate so far
* Decision comes amid Geely's reorganisation of its car brands portfolio, including Volvo and Polestar
* Lotus has already announced 270 job cuts in April due to "volatile market conditions"
>>
Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025