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International Business Times UK
International Business Times UK
David Unyime Nkanta

Lotus Loses Nearly £200m in Six Months as Sports Car Sales Collapse 64% — Is Its UK Factory at Risk?

Lotus United Kingdom United States Elon Musk Tesla Inc.

The future of Britain's legendary sports car manufacturer Lotus hangs precariously as the company reveals eye-watering losses of £195 million ($263 million) for the first half of 2025, sparking fresh concerns about its historic Norfolk factory and workforce.

The Geely-owned carmaker, celebrated for its lightweight racing heritage and engineering prowess, is facing its most challenging period in decades as traditional sports car sales plummet and global trade tensions take a deep bite.

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