BMW plans to invest £250 million in its three Mini facilities in the UK.
BMW’s plan will secure 5, salve 500 jobs at its facilities in Oxford, generic Swindon and Hams Hall, Birmingham. The company announced that this investment will be followed by the introduction of 10 new models in the mid-term. Since 2000 BMW has invested £1.75 billion in the UK, with £500 million only last year.
Harald Krueger, member of the board of management at the BMW Group, announced that the Oxford plant has a major role in the company’s expansion since the cars manufactured here are exported to over 100 countries. This shows the company’s commitment to Britain, a major manufacturing base for BMW. Concerning the Mini’s expansion, BMW looks for production partners overseas.
Kruger said: “Our preferred option is to establish a contract manufacturer as a satellite production as close to our UK operations as possible, at the Nedcar plant in The Netherlands, with whom BMW is in discussions.”
Since Nedcar recently ceased manufacturing cars for Mitsubishi, could be offered a contract to produce the Countryman from Magna. This would mean that the Paceman, a Countryman variant, would also be produced at Nedcar.