Dawn News

March, 03 2015
e-paper

BMW board member Harald Krueger said the latest investment showed the company's “commitment to Britain as a vital manufacturing base”.    — Photo by Reuters

FRANKFURT: German carmaker BMW  is to invest 250 million pounds by the end of 2015 expanding capacity at British manufacturing plants where it makes its Mini car.

The world’s largest luxury carmaker said on Monday the funds would support its international growth strategy for the Mini, which will be expanded to include up to 10 different versions in the model range in the mid term.

BMW board member Harald Krueger said the latest investment showed the company's “commitment to Britain as a vital manufacturing base”.

BMW has invested 1.75 billion pounds in Britain since 2000.


Email news tips and feedback to News Desk, submit blogs to Blog Desk and share photos and Videos with Special Projects Desk.

More From This Section

Falling Afghan transit trade

Pakistan was the first choice of landlocked Afghanistan for its transit trade, but it has lost that position to Iran.

Comments (0) Closed