Bentley, Jaguar Land Rover and Lotus are to receive around £15 million in government grants, it has been announced today.
The three car makers were awarded Regional Growth Fund (RGF) grants.
Bentley received £3 million, which it said will safeguard 200 jobs, create new vacancies and fund new engine development. The latter is thought to refer to Bentley's upcoming development of a diesel engine.
Bentley chairman and chief executive Wolfgang Durheimer said: "This is a real boost for Bentley. This grant will help safeguard our (engineering) operations as we look to develop new powertrains which appeal to new markets and new customers."
Lotus boss Dany Bahar said its £10.4m grant would help create around 1000 jobs.
Bahar said the jobs would be created as part of a five to six-year expansion plan. He said the money will fund a second factory and car assembly line at the site for a new car range.
Bahar said: "It was always our intention from the beginning to create jobs in the region, especially in the automotive manufacturing industry in the UK, which was an issue.