Supercar maker McLaren to create 1,000 UK jobs as part of £450m tech investment
New roles at Woking-based manufacturer will include positions for indirect and agency workers The British supercar manufacturer McLaren is to create 1,000 jobs in a welcome boost to the UK’s struggling automotive industry. The carmaker is creating the jobs as part of a £450m investment in its technology centre in Woking, near to the plant where it manufactures all of its vehicles. Continue…
British supercar maker McLaren is set to create 1,000 new jobs in a welcome boost for the struggling UK automotive industry. The investment, totaling £450 million, will take place at its technology centre in Woking, Surrey, where the company manufactures all of its vehicles. This announcement comes as the automotive industry grapples with challenges, including Jaguar Land Rover's plan to cut 4,000 jobs over the next two years.
McLaren, which now employs 2,500 staff following its merger with the UK electric vehicle startup Forseven Holdings, will include indirect and agency workers in the new positions. The news follows a significant investment from Abu Dhabi government-owned investment company CYVN Holdings, which plans to inject $2 billion over the next five years into the loss-making group.
McLaren Automotive, known for its performance cars like the F1 model, is reportedly planning a product overhaul, potentially including a new SUV. The investment comes as European car manufacturers face tough trading conditions, with Chinese rivals experiencing soaring sales in the UK and mainland Europe.
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