03/09/2015

Nissan Announce £100m UK Investment

Nissan has announced an investment of £100m for the UK.

The company confirmed its new generation Nissan Juke is slated for production at the Sunderland plant.

The investment will secure some 34,000 jobs currently employed by Nissan and its British suppliers beyond 2020. The firm's Sunderland factory produces the current Juke model, as well as Qashqai, Note and electric Leaf models.

Nissan's European design team in Paddington, London, and European Engineering Headquarters in Cranfield, Bedfordshire, will also be instrumental in the development of the new model.

Paul Willcox, Nissan Europe chairman, said: "Juke's unique design is one of the reasons Nissan is now the undisputed crossover leader, underpinning five consecutive years of sales growth in Europe.

"With the next generation Juke now confirmed for future production, customers can be assured that Nissan is going to remain the benchmark in the crossover segment for many years to come.

"This announcement also gives security to our Sunderland plant beyond 2020, which the team has earned through many years of hard work and their ability to continually raise the bar on quality."

Chancellor George Osborne added: "It's fantastic news that Nissan will be building their new car here in Sunderland and securing valuable jobs for thousands of working people in the area.

"Our ambitious plan to build the Northern Powerhouse means building on the area's strengths – including manufacturing – and this announcement is an important sign of Britain being chosen as a global leader in car production."

(JP)

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