BMW has confirmed it will invest £250m in its three UK Mini plants by the end of 2015.
The announcement secures 5500 jobs across its main Oxford plant; its pressing operations in Swindon and engine manufacturing facility at Hams Hall, Birmingham.
The announcement today — which comes as Mini revealed it will introduce new models in the mid-term, taking the marque’s line-up to 10 different models — is in addition to the £500m investment announced in 2011.
“BMW Group has even greater plans for the future development of the brand,” Harald Krueger, member of the board of management at the BMW Group said.
“Plant Oxford has played a major role in this with cars being exported to over 100 countries around the world. This additional investment is great news for all our employees in the UK and shows the BMW Group’s commitment to Britain as a vital manufacturing base for us.”