007 carmaker aston martin to open new factory
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

007 carmaker Aston Martin to open new factory

Arab Today, arab today

Arab Today, arab today 007 carmaker Aston Martin to open new factory

The Aston Martin DB10, built exclusively for the latest James Bond film Spectre
London - AFP

British carmaker Aston Martin -- James Bond's favourite set of wheels -- on Wednesday said it had picked Wales as the site for a second plant due to begin production in 2020.

Output at the plant will include the new DBX crossover model that incorporates SUV features, as the classic brand attempts to diversify including into a line of electric cars.

The plant will be in the village of St Athan on former defence ministry land and complements the current plant at Gaydon in central England.

"Aston Martin is an iconic British brand and the decision to invest here shows real confidence in our economy," Prime Minister David Cameron said in a statement announcing the deal.

"With our economic strengths and easy access to European markets, the UK automotive sector is thriving," he said, as he campaigns for Britain to stay in the European Union ahead of a membership referendum on June 23.

The carmaker had considered potential sites in the rest of Britain and abroad.

Chief executive Andrew Palmer said the board had been "consistently impressed with the focus on quality, cost and speed from the Welsh government team".

The new plant is part of a £200-million (253-million-euro, $278-million) investment plan raised from private investors last year.

Aston Martin is forecasting that more than 90 percent of production at the Welsh site will be for export.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

007 carmaker aston martin to open new factory 007 carmaker aston martin to open new factory

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

007 carmaker aston martin to open new factory 007 carmaker aston martin to open new factory

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 16:03 2017 Thursday ,21 December

US hits Myanmar general in new global rights sanctions
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday