EMCC European Monitoring Centre on Change

Nissan

Company/Organisation:
Nissan

Geographic Location

Country: United Kingdom
Region: Sunderland; Northumberland and Tyne and Wear; North East

Company

Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Number Employed: 4300
Group: Nissan

Employment Effects

Announcement Date: 23-09-2004
Type of Restructuring: Business expansion
Planned Job Creation: 200

Additional Information

The British motor industry received a significant boost yesterday when Nissan said it would build its new European family car at its Sunderland plant, creating 200 jobs. Nissan, the Japanese car-maker, in which Renault owns a 44% stake, said it would build 100,000 of the new Tone model at Sunderland, with the start of production planned for January 2006. Nissan said it would invest £125 million in the new car, which will compete with the likes of Renault's new Modus people-carrier, and £25 million of this will go to Sunderland. The plant, which employs 4,300 people, is rated Europe's most productive, with an annual output of 330,000 and capacity of half a million.