Partner Article
Nissan assigns Sunderland projects to Spanish plant
Car manufacturer Nissan announced it would not be making its new passenger car in Sunderland as formerly planned.
The firm said production would take place in Barcelona, after a €110m (£93.1m) investment in the Spanish plant.
A further €14m (£11.9m) investment will enable the Barcelona plant to manufacture 24,000 extra units of its “1 ton” pickup model, while €6m (£5.1m) will go towards the production of electric vehicle gear boxes.
1,000 direct Spanish jobs will be created along with 3,000 indirect jobs and production will begin on the car in July 2014.
Nissan’s Sunderland plant has received £250m of investment to build a new Inifiniti small car from 2015, as an alternative to the projects assigned to the Barcelona site.
Frank Torres, Nissan Motor Ibérica managing director, commented: “In the coming years, Barcelona plant will work at full capacity, with an annual output over 200,000 units while maintaining its attractiveness to produce new models.
“Given the current crisis environment, this is not only a great achievement for Nissan, but for the entire industry in [Spain].”
The most important thing now is to be able to ensure the successful launch of these products and keep the competitiveness commitment. If we do, I am sure new opportunities will come.“
This was posted in Bdaily's Members' News section by Miranda Dobson .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs