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26 MAY 99 ROVER
GROUP PRESS RELEASE
Rover 75 Leads To 800 Jobs At Oxford
An extra 800 jobs are being created at Rover Oxford as the Rover 75 goes
into full production as part of a £700 million investment programme
for the award-winning car.
The jobs were
announced today by Professor Werner Sämann, chairman of Rover Group
at a ceremony to formally open the new, advanced manufacturing facilities.
They will be filled by transfers from other parts of the company.
The opening was performed by the Rt Hon Andrew Smith MP, minister of state
for employment and MP for Oxford East.
By July, the Rover
Oxford workforce will total 2,700 with production of the Rover 75 reaching
1,660 units a week, operating on two shifts. By the end of 1999 production
output will be 2,800 cars a week.
Professor Sämann
said:
"At no time
in the past has there been such a major transformation and such a high
level of investment at Rover Oxford.
"We anticipate
that up to 70 per cent of cars produced will go to export markets around
the world. This is the result of major investment by the BMW Group which
is the biggest inward investor in the UK."
Nearly £300
million has been invested at Rover Oxford in new body-building, paint,
final assembly and logistics facilities to create "a factory within
a factory" with world-class production processes.
The Rover 75 range
goes on sale from 17 June, in the UK and will be progressively introduced
into a total of 120 countries, world-wide.
The car has already
been voted What Car? 'Car of the Year 1999'. The 16-model range at launch
will cost between £19,530 and £25,630 in the UK.
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