Nissan Invests £100m In Sunderland Plant

The construction of the new Juke model means that the Japanese company Nissan, will be investing a lofty £100m into it’s Sunderland factory.

This investment means that there will be thousands of job created at the Sunderland factory, which handles the production of the Juke, Qashqai, Note and electric Leaf models. Nissan said that the investment would give “security to our Sunderland plant beyond 2020.”

Chancellor George Osborne praised this as “fantastic news” and that it was “an important sign of Britain being chosen as a global leader in car production.”

According to Nissan, the plant made 500,000 cars last year, making it the largest car plant in the UK. This statement is backed up by one from Prof David Bailey from Aston Business School, who said that the Sunderland plant makes more cars than the entire Italian car industry.

The amount of new jobs created by the investment is nothing to be sneezed at, as it will secure 6,700 jobs at the plant and 27,000 in the supply chain.

Tony Burke, who is Unite union assistant general secretary, had this to say: “We warmly welcome the decision of Nissan to build the new Juke model in the UK, when it could have gone to one of Nissan’s plants abroad. The decision demonstrates the confidence the industry has in a highly skilled and dedicated workforce across the UK automotive industry.”

Paul Wilcox, Nissan Europe chairman, said to the BBC that the plant was  “probably the most productive in Europe and, I’d argue, globally.”

He then went on to discuss that despite the decrease in demand from Russia and China, the market in western Europe is “very good and improving, and the market in the UK is very, very good. We are not getting carried away as the global market is turbulent, but we are seeing slight growth in demand.”