LONDON -- Nissan Motor Co. is to invest 192 million pounds (215 million euros) in Britain on the next version of its compact Qashqai crossover model, the Japanese carmaker said on Wednesday.
The new Qashqai will be developed at a design center in London and a technical center in southern England and will be built at Nissan's plant in Sunderland, northeast England.
Nissan CEO Carlos Ghosn announced the investment after meeting Britain's prime minister, David Cameron, saying it would safeguard 6,000 jobs, both directly and in the supply chain.
The British government welcomed the announcement which fits with its strategy of trying to lift manufacturing as the country struggles to recover from the financial crisis and ensuing recession. Manufacturing makes up 13 percent of the economy.