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Jim Ratcliffe’s Ineos Automotive buys Daimler’s Hambach factory

Jim Ratcliffe’s Ineos Automotive buys Daimler’s Hambach factory

Billionaire Sir Jim Ratcliffe’s Ineos Automotive confirmed that it had bought Daimler’s Hambach factory. The factory, located on the French-German border, will guarantee trade-free access to supply chains within the EU post Brexit. The agreement sees Ineos going ahead with the production of electric Smart cars at the site. This also is the nail in the coffin for the 4X4 being built in South Wales.

Chris
Chris
ruubot
ruubot 1 months

Thats a big blow for Wales. I can see the logic and I'm sure its a smart move, but very disappointing.

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