BMW will this later this month announce investment at its Oxford plant to boost output of its MINI range to over 200,000 units a year, executives told media in Spain yesterday.

Helmut Panke, BMW chief executive, said the planned investment would eventually raise capacity by up to 20% at Oxford, which is to remain the sole plant for producing the MINI.

[ BMW to invest in increasing MINI production ]

The Independent is reporting today that the factory’s production could be increased up to 300,000 a year with a new investment of approximately $280 million dollars.