10 July, 12
BMW Group has announced it is set to make a £250 million investment in its UK manufacturing operations by the end of 2015.
The company is keen to boost production of its Mini range and the firm's plants in Oxford, Birmingham and Swindon are therefore set to see a significant influx of funds.
"Over the last 11 years, Mini has been a unique global success and the BMW Group has even greater plans for the future development of the brand," commented Harald Krueger, member of the board of management at BMW Group.
He made the announcement of the investment during a visit to the company's Oxford facilities by business secretary Vince Cable earlier this week.
Last month, the company was celebrating a number of accolades at this year's Auto Express New Car Honours.
BMW picked up titles for its 520d EfficientDynamics Saloon, as well as its 1 Series, 3 Series and 5 Series models.
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Posted by Sarah Godfrey