The £267 million programme began last year with the arrival of the new Honda Civic, and now extends to the Honda CR-V, which is built in Swindon for the European market.
The money also includes the production of Honda’s new 118bhp 1.6-litre diesel engine which will be shown in the new Civic at the Paris Motor Show, and will be offered in the two-wheel drive CR-V from the middle of next year.
In order to meet the production demands, Honda has taken on 500 extra staff, taking the Swindon workforce to 3,500. As a result, Honda forecasts that it will build 183,00 cars in Swindon this year, double the amount of cars it built in 2011.
Honda aims to increase its production figures to 250,000 units per year within 3 years.