Category : Search result: Turkey manufacturing


Lotus Slashes UK Jobs, Blaming Trump Tariffs

British sports car maker Lotus is slashing a significant number of jobs at its UK headquarters, citing the severe impact of new US tariffs. The move sends shockwaves through the already struggling British automotive sector.

Iconic British car brand set for shock revival

In a stunning revival, a beloved British car marque is poised for a dramatic comeback, with plans to resurrect its iconic miniature vehicles, safeguarding UK jobs and electrifying the automotive industry.

Lotus to Cut 200 Jobs in Major Electric Vehicle Restructure

Norfolk-based sports car manufacturer Lotus is set to cut up to 200 jobs as part of a significant restructuring plan, citing a necessary strategic pivot towards an all-electric future under its Chinese parent company, Geely.

British grandmother jailed in Turkey over lost passport

A British grandmother's dream holiday in Turkey turned into a nightmare after she was arrested and thrown into a police cell for losing her passport. Read her shocking story of bureaucratic chaos and a desperate fight for freedom.

UK Car Production Surges 10% on EV and Export Demand

UK car manufacturing roared back to life in February with a 10% year-on-year increase. Driven by soaring demand for electric vehicles and robust exports, the industry signals a strong recovery, though domestic market challenges remain.

US Probes 1.7M Honda Vehicles Over Engine Failure Risk

US safety regulators have launched an investigation into potential engine failures affecting more than 1.7 million Honda and Acura vehicles. The probe centres on dangerous stalling risks linked to serious manufacturing defects.

Foxconn & NVIDIA to Build AI Mega-Factory in Taiwan

Taiwanese tech giant Foxconn partners with NVIDIA to construct a colossal new AI data centre, boosting the island's status as a global tech hub amidst ongoing political pressures from China.

Sanjeev Gupta's GFG Steel Empire Collapses

The dramatic collapse of Sanjeev Gupta's GFG Alliance, from its Yorkshire roots to its global ambitions, is a cautionary tale of debt, hubris, and the high-stakes world of industrial finance.

UK Private Sector Growth Hits Nine-Month High

In a major boost for the UK economy, a key business survey reveals the fastest growth in private sector output in nine months. Driven by strong demand in the dominant services sector, the S&P Global/CIPS flash PMI surged to 53.3, signalling robust expansi

UK's 5-Point Economic Reform Plan Unveiled by Chancellor

Exclusive insights from Day Two of the UK's Economic Reform Roundtable reveal a landmark consensus on deregulation, skills investment, and a new 'Brexit Dividend' for British industry. Discover the five key takeaways shaping Britain's economic future.

Trump-Backed UK Defence Deal Seals BAE Systems' US Army Contract

Former US President Donald Trump's push for a major UK-US defence partnership culminates in a multi-billion pound contract for BAE Systems to supply next-generation amphibious vehicles to the US Army, boosting British manufacturing and jobs.

Gupta’s last-ditch plan to save Liberty Steel

Industrialist Sanjeev Gupta is preparing a final attempt to salvage Liberty Steel’s specialty division, as creditors and regulators close in. Will his strategy be enough to save jobs and stabilise the business?

Intel shares surge on Trump stake report

Intel's stock price skyrocketed following reports that the Trump administration is exploring a potential stake in the semiconductor giant. Here’s why this move could reshape the tech industry.

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