Lotus plans to end production in the UK after more than 70 years, putting 1,300 jobs at risk in the latest blow to the country’s car industry.
The British sports carmaker, controlled by Chinese carmaker Geely, has struggled to pay its suppliers in recent weeks, according to two people with knowledge of the discussions, bringing production to a temporary halt at its Hethel plant in Norfolk for about a month.
The lossmaking company is planning to stop production for good at the plant — its only manufacturing base in the UK — as soon as next year, the people added.
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