Nissan and UK invest £55mln in Sunderland car plant
Nissan said that it would be building a new model of vehicle at its Sunderland plant in the UK.
Damascus blast killed Hezbollah commanderThe company said that £55 million would be invested in the plant to start production of a new compact sport utility vehicle (SUV) once production of the current Micra ends in 2010. Around £6.2 million of the investment will be provided by the UK government.
The plant in Sunderland currently employs about 4,700 people and produced a record 374,000 cars in the last financial year.
Carlos Ghosn, chief executive of Nissan, said, "By delivering on tough commitments, our employees at Sunderland have demonstrated our plant can be a globally competitive centre for the production of high-value products."
Prime Minister Gordon Brown, said, "Nissan is a global manufacturer with strong roots in Britain and I'm pleased to welcome Nissan's new investment in the UK. Today's announcement that a brand new car is to be designed and built in the UK is another important boost to our manufacturing industry, and builds upon Nissan's recent commitments to increase investment and jobs at its record breaking Sunderland plant.
"Sunderland's success shows what an innovative, talented and highly committed workforce can achieve, and reaffirms the UK's position as a strong player in the global car industry."
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