Mexican Media Brands
Mini Expands in U.K., Signals Plan to Use NedCar Plant
BMW AG said earlier today its Mini small-car unit will invest an additional $388 million over three years in stamping, assembly and engine operations in the U.K.
Share
BMW AG said earlier today its Mini small-car unit will invest an additional $388 million over three years in stamping, assembly and engine operations in the U.K.
The company also confirms it is likely to add capacity by installing some production at Mitsubishi Motors Corp.'s NedCar factory in the Netherlands.
The latest investment is in addition to the $776 million that BMW said last year it would spend on Mini in the U.K. by 2014. The new investment there will expand assembly operations in Oxford, update metal stamping in Swindon and prepare for a new generation of engines at Hams Hall.
The Oxford plant currently has capacity to make 300,000 vehicles per year. Earlier reports said Mini production at NedCar could begin by 2014. Mitsubishi, which has been looking for a buyer for the factory, said in February it plans to stop building its own vehicles at the plant by year-end.
Mini currently offers seven variants. BMW says the brand will expand to as many as 10 models.
RELATED CONTENT
-
Robotic Exoskeleton Amplifies Human Strength
The Sarcos Guardian XO Max full-body, all-electric exoskeleton features strength amplification of up to 20 to 1, making 200 pounds—the suit’s upper limit—feel like 10 pounds for the user.
-
Cobots: 14 Things You Need to Know
What jobs do cobots do well? How is a cobot programmed? What’s the ROI? We asked these questions and more to four of the leading suppliers of cobots.
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
