The Government's Business Secretary Vince Cable this morning welcomed news of a £500m investment into UK Mini factories.
He said: "Today's announcement by BMW is a real tribute to the success of British automotive manufacturing.
"The firm's workforce in Oxford is now set to repeat the international success of the current MINI in producing the next generation model over the coming years.
"The competitiveness of automotive manufacturing in this country is shown by the commitment of the biggest global firms to make serious investments in long-term production here and as a government we are determined to make sure this success story remains a big part of the future economic growth we must secure."
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