McLaren Automotive announced plans to build a new factory in the UK and expand existing facilities, and disclosed plans to launch its first sport utility vehicle (SUV). The investment will total £500 million (approximately ¥100 billion), and the company expects to create at least 1,000 jobs by 2032.
McLaren Automotive announced that it will establish a new factory in the UK and expand existing facilities to increase production capacity. The centerpiece of the plan is the launch of its first SUV, which is intended to broaden its lineup and strengthen production capabilities.
The total investment is expected to be £500 million (approximately ¥100 billion), with at least 1,000 jobs forecast to be created by 2032.
The move is seen as part of the British automaker's efforts to maintain and strengthen its position in the luxury sports car sector, against a backdrop of economic recovery and recovering market demand.
After sales declined due to the impact of COVID-19, McLaren has indicated that it plans to stabilize its business and rebuild its growth trajectory through the introduction of an SUV.