Nissan's plant on Wearside has secured more than a hundred million pounds, to become the first factory outside Japan to make its luxury model of car.
The Sunderland base will produce a hatchback for Nissan's 'Infiniti' brand, creating an extra fifty jobs and potentially hundreds more in the supply chain.
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Nissan confirms that it won't build a different C-Segment hatchback on Wearside, as the Infiniti contract means there isn't enough capacity.
But Executive Vice-President Colin Dodge says Sunderland will move up the value chain as this will be the first time an Infiniti model is made outside of Japan.
Nissan have unveiled the Infiniti, the latest model to be built at its plant on Wearside.
The Japanese company is investing £250 million into the Sunderland factory.
It's expected that 1,000 jobs will be secured in the North East and across the UK.
The Business Secretary Vince Cable has arrived on Wearside to congratulate the plant on securing the chance to build another Nissan model.
The 'Infiniti' line is Nissan's luxury brand of car, with various models already made in Japan.
The model made in Sunderland is expected to be a large hatchback or small family car type.
Nissan workers are gathering ahead of the formal announcement that the new Infiniti car will be made in Sunderland.
Executives say the new production line will create 280 jobs at the plant, and hundreds more in the supply chain.
The Infiniti brand of car is targeted at the premium market, with 80% of the cars expected to be exported to Asia.
The Prime Minister David Cameron has welcomed the announcement that the car manufacturer Nissan will be rolling out production of the new Nissan Infiniti at its plant in Sunderland.
– Prime Minister David Cameron
“This investment is excellent news for the North East and another vote of confidence for UK manufacturing.
The continued success of Nissan in the UK demonstrates the strength of the car industry here, and its importance as we rebalance and grow the economy.
This announcement shows how the car industry in partnership with the Government continues to win important long term investment projects in a tough competitive sector, helping the UK to get ahead in the global race.”
News that Nissan is planning to bring production of its new Infiniti model to a plant in Sunderland has been welcomed by the Business Secretary Vince Cable.
Mr Cable is expected to tour the factory in Sunderland this morning.
Nissan have announced that they will be rolling out the production of a brand new model Infiniti car at their plant in Sunderland.
The move means that hundreds of jobs are expected to be created, as well as safeguarding others.
The plant is also expected to announce plans to expand its premises in Sunderland.
Car manufacturer Nissan has announced its UK production milestone and plans to manufacture new Infiniti model at its plant in Sunderland.
The move means that it is the first UK car manufacturer to make 500,000 cars in one calendar year.
The announcement will represent a substantial investment of around £250m into the facility, which will have the capacity to produce up to 60,000 Infiniti models per year.
It is expected to create and secure hundreds of jobs across the UK and at the Sunderland plant in particular.