BMW has announced it is to invest £250 million in its three Mini factories in the UK and further its volume growth with up to 10 different models of the iconic car.
The news comes on top of a £500 million investment which was revealed a year ago and means job security for the 5,500 UK Mini workers.
"Over the last 11 years, Mini has been a unique global success and the BMW Group has even greater plans for the future development of the brand," said Harald Krueger, Member of the Board of Management at BMW Group.
"Plant Oxford has played a major role in this with cars being exported to over 100 countries around the world."
The money will be invested in manufacturing operations at the plant in Oxford by the end of 2015, steel body pressings operation at Swindon and engine plant at Hams Hall near Birmingham.
BMW is currently considering how to achieve the extra production required to meet the growth plans and complexity of the new models as it is beyond Oxford's maximum capacity.
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