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Lotus turned around his plans to end Car production in the UK after the government signaled that it was ready to support the fighting British Sports Car Car.
In the statement on Saturday, Lotuscontrolled by a Chinese carmaker GeelyHe said “active research of strategic options” to improve the efficiency of her operations and global competitiveness.
“Lotus Cars is continuing normal action, and there are no plans for the closure of the factory”, it is said.
The Financial Times reported that the company planned to stop ceasing in his Hetel factory in Norfolk, which risked 1,300 jobs.
Two people with knowledge about the situation said that the officials of the Gradenity of Great Britain contacted Lotus and Geely managers shortly after the report was published. “They’re all just panicking,” one of the people said.
SECRETARY JONATHAN REYNOLDS Secretary will be discussed Sunday Sunday Sunday Sunday.
The government spokesman said, “The government does not comment on speculation or commercial affairs of private companies.”
Geely refused to comment.
The shutdown of the Hethel plant would be engaged in a fresh hit in the production of cars in the UK, after closing Honda and Ford in the past decade.
In an offer to strengthen automotive and other advanced advanced prime minister, Sir Keir Sarmer promised to reduce high energy costs, because part of the workforce has recently been discovered Industrial strategy.
On Friday, Lotus said to pause production in the UK from mid-May to manage the inventory and supply chain issues after adopting the deliveries of its sports car’s sports car deliveries.
But people with knowledge about discussions said that the company was paid for its suppliers in the last week, which was putting pressure on and its Hitel in the UK, as well as a plant in the Wuhan, in China, which makes Lotos.
“They are faced with problems that are deeper than the American tariff show,” a person who said close to the company said.
Lotus did not immediately answer the FT comment request.
Feng Kingfeng, Executive Director of Lotus Technology at the USA, which has a control share in Great Britain, told senior managers earlier this week to compile a proposal to get out of production in the UK. He also told investors that Lotus wants to localize production in the United States.
Lotus has cut the job in recent years, while the number of senior managers remained, including its European Balmer’s Day Balmer and the main commercial Officer of Mike Johnstone.
In three months to June, Lotus technology has reported a loss of 103 million dollars, compared to a loss of $ 233 million, while delivering 1,274 vehicles, reduced 42%.
His Hetel Factory, which was founded in 1966. years, has an annual capacity of about 10,000 cars, while its Vuhan plant can produce about 150,000 vehicles.