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Lotus to cut 550 UK jobs amid 'uncertainty' including tariffs
The Guardian
|August 29, 2025
Sportscar maker Lotus has confirmed it will cut 550 jobs in the UK as part of wider restructuring plans that will deliver a fresh blow to Britain's automotive industry.
Lotus, which has been struggling with a drop in sales and cash shortages, said it was necessary to slash 42% of its 1,300-strong UK workforce to "secure a sustainable future", amid uncertainty sparked by factors including Donald Trump's trade war.
The company, which is owned by the Chinese automotive group Geely, said it was committed to the UK and would continue manufacturing vehicles at its plant in Hethel, Norfolk.
The factory has not built any cars since mid-May, having paused production to manage inventories and supply chain issues caused by the US tariffs on car imports from countries including the UK.
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