The Japanese based automaker Nissan will invest 200 million USD in its Sunderland, England, plant, in order to develop a new compact hatchback for the European auto market.
According to the car manufacturer, the Sunderland plant in England will “give birth” to a new compact hatchback, which will be sold across Europe, and will go against models like the popular Volkswagen Golf or the Ford Focus. In order to develop a Nissan Versa derivative, the company will invest 200 million USD in its Sunderland plant, and the facility will also continue the manufacturing of other models like the Note, the Juke or the popular Qashqai crossover.
The production capacity for the Sunderland plant in England will be expanded to 550,000 units annually and, even if there is no official word on this just yet, jobs are also expected to be created. The new Nissan hatchback which will be assembled in Sunderland doesn’t have an official name for the moment but this is expected to share the same platform and other features with the compact vehicle sold in North America as the Versa and on other global markets as the Tiida. Production of the new model will begin in early 2014 and once the expansion will be completed, the Sunderland facility will become one of Europe’s largest.