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

Automaker Lotus said it has no plans to end production in the UK following an earlier report that it will shut its plant in the country.

“We are actively exploring strategic options to enhance efficiency and ensure global competitiveness in the evolving market,” the company said in a statement. “Lotus Cars is continuing normal operations, and there are no plans to close the factory.”

The Financial Times reported on Friday that the company, which is controlled by Chinese carmaker Geely Automobile Holdings Ltd., planned to stop manufacturing at its Hethel site in the UK, which could endanger 1,300 jobs. ...