A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
Even before the latest tariffs by the Trump administration, Britain’s car industry was struggling.
Even before the latest tariffs by the Trump administration, Britain’s car industry was struggling.
Humor and art have been used to mock the powerful in Britain for centuries. Now Elon Musk is on the receiving end.
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
The company said it would build three electric models at its plant in northeast England, bolstering the future of Britain’s auto industry.
The move is a boost for Britain’s car industry, but uncertainty remains about the sector’s future in the country.
The factory, made possible by government subsidies, could produce nearly half of the electric-car batteries needed in Britain by 2030.