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No new details on McLaren's £500m UK auto boost

Reported by Shreya Kapoor (Senior Writer) · Google News - UK Automobile (search) ·

✓ — also reported by Google News - Australia Automobile (search)

No new details on McLaren's £500m UK auto boostRepresentative image · Wikimedia Commons

UPDATE - follow-up to Boost for UK auto sector as McLaren unleashes £500m investment to help reindustrialise Britain - GOV.UK: No further announcements have emerged since McLaren’s £500 million pledge earlier this year to expand UK car manufacturing and research. The company said the funds would boost domestic production, create jobs and support the supply chain, while the government welcomed the plan as a step toward re‑industrialising Britain. As of today, neither McLaren nor the Department for Business and Trade has released additional details, timelines or new projects linked to the investment. Stakeholders remain awaiting concrete rollout information, and the initiative stays on the original schedule.

Read more at Google News - UK Automobile (search)