The UK’s automotive industry is set for a major boost as high-performance car manufacturer McLaren Automotive announces it will expand its UK footprint and create 1,000 new high-quality jobs by 2032.
The iconic British brand will invest around £500 million to expand its world-leading R&D and production site in South Yorkshire and open a new cutting-edge vehicle production facility in the UK, supporting our plan to reindustrialise and unlock growth in every postcode, News Cover reports, citing the UK government's official website.
This investment builds on £4 billion of government investment into the wider automotive sector by 2035 and will ensure McLaren’s continues to design, engineer and manufacture in the UK. It is also expected to unlock up to 3,000 additional jobs across the sector.
Today (16 September), Business Secretary Jonathan Reynolds and First Secretary of State Louise Haigh will visit McLaren’s Technology Centre in Woking, where they will welcome the investment as a major vote of confidence in the UK’s automotive industry and Modern Industrial Strategy.
