BMW Investing £250 / €315 Million in UK MINI Manufacturing
The announcement was made by Harald Krueger, member of the board of management for the BMW Group, who stated that “A year ago we announced a further investment of £500m in our UK production network by 2014 and today we are announcing an additional £250m, taking us through to 2015. This brings our total investment in the UK since 2000 to £1.75 billion [. . .] Over the last decade, MINI has been a unique global success and the BMW Group has even greater plans for the future development of the brand. Plant Oxford has played a major role in this with cars being exported to over 100 countries around the world. This additional investment is great news for all our employees in the UK and shows the BMW Group’s commitment to Britain as a vital manufacturing base for us.”
So, the investments are being made to increase the load capacity of the plants, in order to accommodate the growing range of MINI cars, as the line-up grows in size and complexity.