BMW AG says it will invest ₤100 million ($188 million) in its Mini subsidiary plant in Oxford, U.K., creating 200 new jobs. The investment will be used to upgrade the plant’s paint shop, as well as add a new body shop by 2007. The new body shop likely is to be used for a new model within the Mini range, with van or station wagon derivatives rumored at the top of the list for expansion of the Mini model range. BMW wants to boost Mini output from the current 189,000 units annually to more ...
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