This morning Toyota announced a massive £100m investment which will create 1,500 additional jobs over the next two years. The company’s Burnaston factory will become the sole European manufacturing centre for a new generation of hatchbacks including hybrid, petrol and diesel models.
Didier Leroy, Toyota Motor Europe President and CEO said: “Toyota has a long and successful record of building vehicles and engines in the UK and our facilities here are among the finest in the world.
The investment we are making here will secure a dynamic future for Toyota Manufacturing UK as a leading manufacturing centre for our core models in Europe”
The announcement was made during a special trip to Derbyshire by Prime Minister David Cameron who said: “This is fantastic news and a massive vote of confidence for UK manufacturing”.
Tony Walker TMUK Deputy Managing Director said: "The decision to bring all production of new generation C-segment hatchbacks to Britain reflects on the excellent work done by our members in delivering the highest standards in productivity and quality. Going beyond our own operations, there will also be benefits for our local communities and regions."
John Forkin MD of Marketing Derby said: “We are proud to have such a fantastic company in the area and Toyota is a Marketing Derby Bondholder that showcases excellent in everything it does. Toyota has now invested £2.1bn since it came to the UK in 1989 and it must count as the one of the greatest inward investments ever to come into the UK.”
Marketing Derby
Nov 11
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