Vocal Brexiter Sir Jim Ratcliffe vowed to make new Grenadier 4×4 in Bridgend but has now bought car plant at Hambach
Billionaire Sir Jim Ratcliffe has chosen to build the “British” successor to the Land Rover Defender 4×4 in France, rather than Bridgend in Wales.
Ratcliffe, who has built up an estimated £12.15bn fortune from petrochemicals company Ineos, announced on Tuesday that the Ineos Grenadier vehicle will be built at a former Mercedes-Benz factory in Hambach, close to the French-German border. The deal will “safeguard” 1,300 jobs at the factory, but dash hopes for an automotive revival in south Wales.
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