Caterham Cars, the British manufacturer of lightweight sports cars, has announced that it will be relocating its headquarters to a new facility in Leafield, Oxfordshire. The move is expected to increase the company’s production capacity by 50%, allowing it to meet growing demand for its iconic Seven model.
The new facility, which is currently being renovated, will feature state-of-the-art production facilities and a dedicated showroom for customers to view and test drive Caterham’s range of sports cars. The move is part of a wider strategy to expand the company’s global reach and increase sales in key markets such as the United States and Asia.
Caterham’s decision to relocate comes after a period of sustained growth for the company. In 2019, the company reported a 15% increase in sales compared to the previous year, with the Seven model accounting for the majority of these sales. The company has also expanded its product range in recent years, introducing new models such as the Seven 310 and Seven 420.
The new facility in Leafield will allow Caterham to increase production of its existing models and develop new models in the future. The company has already announced plans to launch an electric version of the Seven in the coming years, which will be developed in partnership with a leading automotive technology company.
Caterham’s CEO, Graham Macdonald, said: “This is an exciting time for Caterham as we look to build on our success and expand our global reach. The new facility in Leafield will provide us with the space and resources we need to increase production and develop new models, while also providing a fantastic environment for our customers to experience our cars.”
The move to Leafield is also expected to create new jobs in the local area, with Caterham planning to recruit additional staff to support its expansion plans. The company currently employs around 120 people at its existing facility in Crawley, West Sussex.
Overall, Caterham’s decision to relocate to a new facility in Leafield is a positive development for the company and its customers. The increased production capacity will allow the company to meet growing demand for its iconic Seven model, while also providing a platform for future growth and innovation. With the launch of new models and expansion into new markets, Caterham is well positioned to continue its success in the years ahead.
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