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Lotus reverses plan to shut factory after UK offers fresh support

Business secretary Jonathan Reynolds to speak to carmaker after ‘everyone just panicked’

Lotus has reversed its plans to end car production in the UK after the government signalled it was willing to offer support to the struggling British sports car brand. 

In a statement on Saturday, Lotus, which is controlled by Chinese carmaker Geely, said it was “actively exploring strategic options” to improve the efficiency of its operations and global competitiveness. 

“Lotus Cars is continuing normal operations, and there are no plans to close the factory,” it said.

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