Japan’s Nissan will invest around £250m to build a new luxury car at a plant in England, creating around 1,000 jobs.
The carmaker will build a new model of its Infiniti luxury brand in Sunderland from 2015.
The Sunderland plant is Britain’s largest car plant and one of the most productive in Europe.
Britain's largely foreign-owned car industry has been resilient compared with the rest of Europe where the car market has slumped to 20-year lows in the face of the Eurozone crisis.
City A.M. Reporter