BMW to put further millions into production of the British Mini
Munich-based automobile company BMW is planning to invest millions of euros in its British manufacturing operations for the production of the Mini safeguarding thousands of jobs.
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Production line at the BMW UK Mini plant in Oxford
(© picture-alliance/ empics)
BMW is to invest a total of 315 million euros in manufacturing operations by the end of 2015 in its plant in Oxford, its pressing plant in Swindon and its engine plant in Hams Hall, the firm announced on Monday.
This money comes in addition to the 500 million pounds of investments in the Mini that BMW had announced in June 2011. In the medium term, the capacities of the Oxford plant are being strained by the introduction of new Mini models and the total sales volume that BMW is aiming for. Different solutions are being examined.
“As a possible alternative to the additional expansion of the production capacity at the Oxford site, we are currently considering subcontracting production to a satellite site”, said BMW board member Harald Krüger. There are also ongoing negotiations with the Nedcar plant in the Netherlands, he said.
