BMW IS INVESTING ANOTHER 250 MILLION POUNDS FOR ITS MINI

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Monde.fr with AFP | • Updated

            

To encounter a expected enlarge in production, a Munich organisation is study a probability of assigning partial of a prolongation site in a Netherlands Nedcar - here during Westfield Stratford (UK).
To cope with a expected enlarge in production, a Munich organisation is study a probability to trust partial of a prolongation site in a Netherlands Nedcar – here during Westfield Stratford ( UK). | Flickr

These investments have been for plants in Oxford, Swindon as well as Hams Hall, that occupy about 5,500 people, as well as in serve to 500 million pounds (560 million) over 3 years betrothed in Jun 2011 by a group.

“These a single some-more investments have been serve explanation of certainty in a employees in a UK as well as denote once some-more a significance of this country, an critical post of a production” , pronounced Harald Krüger, conduct of Mini brand, pronounced in a statement. “Investments in a UK prolongation comforts given 2000 amounts to 1.75 billion pounds” , or 2.21 billion euros, he said.

PART OF THE PRODUCTION SOON delocalized

investments voiced given 2011 “guarantee jobs for a future” , has for a partial welcomed a British Minister of Trade, Vince Cable. These contingency in truth concede BMW to lift out a expansion plan of a Mini brand, that he hopes to furnish middle tenure up to 10 opposite models, a matter said.

In 2011, sales of Mini grew roughly 22% over a single year to we estimate 285,000 units. The tiny city, however, paint reduction than 20% of automobile sales from a BMW Group. To cope with a expected enlarge in production, that surpass a capabilities of a Oxford plant, a Munich organisation is study a probability to trust partial of a prolongation site in a Netherlands Nedcar, Harald Krüger combined in a statement.

Read: “Automobile: UK investment picks”