It's hoped the Toyota car being built in Derbyshire will safeguard jobs; welcome news for the car giant which has had a series of recalls.
New figures out today show that the Midlands is at the centre of a global sales boom and is making more cars this year than it did in 2011.
The University of Nottingham has unveiled a new research centre offering the expertise for manufacturing companies to develop business.
A Black Country firm is forging its future and helping to keep manufacturing alive in the Midlands. W H Tildesley has been in business for 140 years.
Now it's invested more than a million pounds to make sure its still around for the next 140.
A local, family-run engineering business is celebrating a £1.25 million investment in new premises.
Drop forging firm WH Tidesley have been based in the Black Country town of Willenhall for over 130 years.
They manufacture steel components and parts for Aston Martin, Lotus and Morgan Motors as well as for classic Bentleys, Porsches, Ferraris and Norton Motorcycles.
Jobs in manufacturing are set to return to the Midlands from abroad, as more companies look for locally made parts.
The trend, which is called 're-shoring', sees foreign manufacturing swapped for skills and experience in the UK.
Experts are predicting a surge in jobs.
Toyota has begun production of a new estate car at its factory in Derbyshire safeguarding thousands of jobs. It's investing nearly 200 million pounds in the plant to build the Auris Touring Sports.
The company has had to recall millions of vehicles in recent years. But managers are confident they've put their problems behind them. Peter Bearne reports.
Staff at Toyota's assembly plant in Derbyshire are due to see the new model they will be making for the Japanese car firm.
The Auris Touring Sports is the first full hybrid estate vehicle in its class.
Production of the vehicle will secure jobs at the Burnaston plant for at least a decade.
It will also benefit many more companies who supply parts to Toyota.
The car is set to be unveiled in the next 10 minutes.
UK car manufacturing has risen by 6.5% in the latest figures from October.
They're also up 9.7 per-cent on last year.
The Society of Motor Manufacturers and Traders says the figures show we're on track to reach record levels for car sales over the next few years, with help from manufacturers here in the Midlands.
Vehicles made in the Midlands are leading the way in global sales.
The region is making far more cars this year than it did last but that figure could be even higher if smaller firms, who keep the big manufacturers going, could expand.
Paul Everitt from SMMT