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.
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
Richard Parry-Jones from the Automotive Council
Manufacturing companies are getting the chance to tap into some of the finest technical brains in the East Midlands. The University of Nottingham has unveiled a new research centre where scientists and engineers will help firms develop their business.
The Universities Minister David Willets today opened the five-million pound Institute for Advanced Manufacturing. Our correspondent Peter Bearne was there.
The University of Nottingham has today unveiled a new research centre offering the expertise to help manufacturing companies develop their business.