Car giant Nissan is to build a new luxury model in the UK, creating 1,000 jobs with a £250 million investment.
The new global model will be manufactured at the Japanese firm's plant in Sunderland, which employs 6,000 workers.
The car, built under Nissan's Infinity premium brand, is set to be produced from 2015.
Read more on ITV Tyne Tees.
More top news
Parliamentary inquiry into the retailer's role in BHS's failure is a damning indictment of an entrepreneur who was trumpeted over the years.
Damning parliamentary inquiry accuses the retail magnate of seeking to blame anyone but himself for the collapse of BHS.
The cyclist said the victory was as sweet as his first win as he became the first Briton to win the race three times.