Nissan to build cars in the UK
The new Qashqai and the X-Trail SUV will be built in Sunderland as part of Nissan’s first major development since the Brexit vote.
The commitment to Britain’s largest car plant was dwindling after the EU Referendum.
The decision to build the cars in Sunderland will secure 7,000 jobs.
Theresa May said the announcement was “fantastic news”, she also added: “This vote of confidence shows Britain is open for business.”
A Nissan spokesman said that making the new cars would lead to 100s of new jobs in the near future.
Chief executive Carlos Ghosn told Sky News: “Our employees there continue to make the plant a globally competitive powerhouse, producing high-quality, high-value products every day.
“I welcome British Prime Minister Theresa May’s commitment to the automotive industry in Britain and to the development of an overall industrial strategy.”
Ghosn’s decision to invest were left hanging in the balance in September due to compensation costs related to new tariffs resulting from the Brexit vote.
Earlier this month Ghosn had talks with the Prime Minister where he was reassured that commitment to Sunderland would remain competitive.
The UK’s car industry is sitting quite well with almost 1.3m cars produced in the nine months leading up to December. This is a 10.5 per cent increase up from this time last year.