More than three million cars have been built in Oxford since it opened.
The German-headquartered manufacturer’s investment is to transform its existing plant and will secure 4,000 high-quality jobs, according to ministers.
Rishi Sunak said the Government was securing jobs and growing the economy ‘by backing our car manufacturing industry’. The announcement is the latest boost for the British car industry, with figures last month suggesting production increased by almost a third last month compared to a year ago. Last week electric vehicle production also began at the Stellantis’s factory in Ellesmere Port after an £100 million investment, following doubts due to post-Brexit trading arrangements.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Yes Stones donate over £600 to food banks from Edinburgh Yes rally effortYES Stones have donated over £600 to foodbanks across Edinburgh, Galashiels and Dunbar.
Read more »
Man and two children die after collision between BMW and lorryA woman has also been seriously injured in the crash at Hinckley, police said.
Read more »
BMW to make new electric Mini in Oxford after securing millions in taxpayer fundingGovernment sources say the move will help secure around 4,000 jobs. It comes after Sky News revealed earlier this year that the German car giant was planning to invest more than £500m in its plant in the city.
Read more »
How Aston Martin's "filter" defied Berger criticism to thrive in F1 leadershipAston Martin's leap in competitiveness has been one of the biggest talking points in the 2023 Formula 1 season. And, while he takes very little of the credit for its success, Mike Krack has been a reassuring presence at the helm after joining the Silverstone team from BMW on the eve of 2022, proving wrong a very public doubter in the process...
Read more »
Man City get Nathan Ake boost after injury scare on international dutyNathan Ake was substituted at half-time with a hamstring issue but is back on the grass ahead of Sunday's game
Read more »