Sports cars: McLaren plans new car factory in Great Britain
The new McLaren owner, L imad Holding, wants to reposition the sports car manufacturer. Now, not only a new factory but also a new car model is planned.
McLaren Automotive plans to build a new factory in the UK, creating around 1000 jobs by 2032. The company will invest £500 million in the new factory, its Woking headquarters, and an existing site in Sheffield. The exact location of the new factory has not been decided, with CEO Nick Collins saying it will be outside Woking. The investment is seen as a boost to the UK's automotive industry, which has faced challenges including high energy costs and job cuts at Jaguar Land Rover.
McLaren is owned by the Abu Dhabi-based L imad Holding Co. and is planning to launch its first SUV model to compete with Ferrari and Lamborghini.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
