London, England – The BMW Group is investing £500 million in its U.K. production network over the next three years and has confirmed that its U.K. network will produce the next-generation Mini models.
The company has invested more than £1.5 billion across all of its U.K. operations since 2000.
“We have started preparing our U.K. plants for production of the next-generation Mini and this investment underlines that the U.K. will remain the heart of Mini production,” said Norbert Reithofer, chairman of the board of management of BMW AG. “The Mini brand has made a significant contribution to BMW Group’s success in markets around the world and we anticipate that this will grow further in the future.”
The investment will be used to create new production facilities and equipment at Mini Plant Oxford and will help to protect over 5,000 jobs in the Mini vehicle assembly plant in Oxford, the pressings plant in Swindon and the engine plant near Birmingham. More than two million vehicles have been produced at the Oxford plant since 2001. The company will launch the Mini Coupe in 2011 and the Mini Roadster in 2012, both of which will be produced in Oxford.