Automotive giant Toyota has announced an investment of more than £100 million into one of its UK manufacturing sites.
The investment will be made at Toyota’s Burnaston, Derbyshire factory, to manufacture new generation hatchbacks.
Manufacturing the C-segment family sized hatchback models will create up to 1,500 additional jobs in the next two years.
Commenting on the news, the UK’s prime minister David Cameron said: “This major announcement from Toyota is fantastic news and a massive vote of confidence for UK manufacturing.
“This investment and the jobs it will create provide a terrific boost not just to the local economy but to the whole country, and is a tribute to the great skill, hard work and sheer professionalism shown by the Toyota workforce. Toyota’s commitment to the UK shows the growing strength of the UK car industry—it is our great British success story.”
He concluded: “It is vital that we build a more balanced economy, one with manufacturing, innovation and exports at its heart. The automotive sector is leading the way in helping us achieve this—it is an extraordinary success story and one that we are very proud of.”
