Nissan's Investment Bolsters UK Auto Industry

Company will build new Qashqai model at plant that will become zero-emission.

Nissan said on June 8 that it will build the next Qashqai model in Britain, safeguarding thousands of jobs at its key European plant and across supply chains.

Nissan, partner of France's Renault, will invest $314 million as part of the project, Nissan boss Carlos Ghosn said after meeting British Prime Minister David Cameron.

"The UK has been a cornerstone of Nissan manufacturing since 1986, with the Sunderland plant (in northeast England) setting important benchmarks for quality and efficiency in Europe and around the world," Ghosn said.

"It's the home of the Qashqai, one of Nissan's biggest product successes, and, as Nissan's leadership in sustainable transportation grows, the plant will become one of the pillars of our zero-emission manufacturing."

Cameron described the investment as "fantastic news and a great demonstration of the strength and vitality of the UK car industry."

Copyright Agence France-Presse, 2011

See Also
Nissan Returns To Black In Q4, Annual Profit Soars

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