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Nissan to build new car in Sunderland | Nissan to build new car in Sunderland |
(about 1 hour later) | |
Nissan is to build a new compact model, called the Invitation, at its Sunderland factory. | Nissan is to build a new compact model, called the Invitation, at its Sunderland factory. |
The official announcement will be made later at the Geneva motor show. | The official announcement will be made later at the Geneva motor show. |
The Japanese carmaker said that its £125m investment would create 2,000 jobs. The government is supporting the project with a £9.3m grant. | The Japanese carmaker said that its £125m investment would create 2,000 jobs. The government is supporting the project with a £9.3m grant. |
Nissan said that 400 of the new jobs would be in its Sunderland plant, and it estimates 1,600 jobs will be created in the supply chain. | Nissan said that 400 of the new jobs would be in its Sunderland plant, and it estimates 1,600 jobs will be created in the supply chain. |
"When we've looked at the numbers before, it's usually for every one person employed in the facility there is four in the local supply base," Trevor Mann, senior vice-president of manufacturing for Nissan Europe, told BBC News. | |
Production of the new compact car is scheduled to start from mid-2013. | Production of the new compact car is scheduled to start from mid-2013. |
'Very positive' | 'Very positive' |
Business Secretary Vince Cable told the BBC that the news was "a really great announcement". | Business Secretary Vince Cable told the BBC that the news was "a really great announcement". |
He added: "It is very positive, but you can't see this in isolation, because the other big car companies have also made major commitments to the UK. | He added: "It is very positive, but you can't see this in isolation, because the other big car companies have also made major commitments to the UK. |
"Jaguar Land Rover, Ford, BMW Mini, are all putting in more money and bringing back supply chain." | "Jaguar Land Rover, Ford, BMW Mini, are all putting in more money and bringing back supply chain." |
The additional investment in Nissan's Sunderland facility will increase its workforce to 6,000, a record high for the factory. | The additional investment in Nissan's Sunderland facility will increase its workforce to 6,000, a record high for the factory. |
The plant currently makes Nissan's Qashqai, Juke and Note models, producing 480,000 vehicles in 2011. | The plant currently makes Nissan's Qashqai, Juke and Note models, producing 480,000 vehicles in 2011. |