Sir Jim Ratcliffe's Ineos to build new 4x4 in France
UK car manufacturing suffered another blow today after it emerged that Sir Jim Ratcliffe’s Ineos had made an official offer to buy a factory in France to build its new 4×4.....MORE
The billionaire was understood to have been in talks with the Welsh government to build a new factory in Bridgend for the car, a move that would have created 500 jobs.
It was hoped that the new site would help provide employment for the hundreds of workers due to lose their jobs when Ford closes its own factory in the town, which currently employs 1,700 people.
However, this afternoon the Telegraph first reported that the petrochemicals company had made an official offer to Mercedes-Benz owner Daimler to buy the plant in Hambach in north-east France.
Last month it was reported that the two firms had begun talks over the factory, which is near the border with Germany.
The loss of the Grenadier, which has been dubbed the “spiritual successor” to the Land Rover Defender, is another setback for the struggling UK auto market....
Stop with the "spiritual successor" talk, it's a knock-off.
MotorTrend:
"2021 Ineos Grenadier First Look: Is This Land Rover Defender Clone a Rip-Off or a Reinvention?"
Plus it sounds waaay too close to that Adam Neumann guy:
November 2017
"WeWork: 'Our valuation and size today are much more based on our energy and spirituality than it is on a multiple of revenue.'"
Roger that, energy and spirituality. Over....
