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Nissan invests £100m into the Sunderland plant

Geoff Riley

3rd September 2015

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Important news for the North East economy. Nissan has announced a £100m investment in their car plant at Washington, Tyne and Wear which will safeguard thousands of jobs at the plant itself and among the many supply-chain contractors who have clustered around the giant car manufacturing base. More details here from the BBC: http://www.bbc.co.uk/news/business-34136541 Nissan has around 5% of the total cars sold in the UK each year. In 2014 Nissan produced 4.2 million cars globally and the UK plant is the most productive car factory in the European Union.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.