Billionaire Jim Ratcliffe’s company, Ineos, will manufacture its first car in France following a deal to take over a site run by Germany’s Daimler, ditching plans to build a factory in Britain as the CCP virus disrupts the automotive industry.
Prominent Brexit supporter Ratcliffe’s petrochemicals company said in September 2019 that it would build the new Grenadier off-roader in Wales, creating up to 500 jobs, with a new plant in Portugal supplying the body and chassis.
