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.
More top news
A sigh of relief across Westminster and a crushing sense of disappointment for 45% of Scotland, but Yes campaign could not have done more.
ITV Border Political Editor Peter MacMahon says we've just seen a emotional former SNP MSP appearing to concede that the Yes side has lost.
ITV Border Political Editor Peter MacMahon says it's far too early to call this referendum.