– 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.
Car giant Nissan is to build a new luxury model in the UK, creating 1,000 jobs with a £250 million investment.