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Porsche to add 1,000 employees

To keep pace with its planned model expansion and sales targets, Porsche AG will add more than 1,000 employees by 2015, Automotive News Europe has learned from Volkswagen Group sources. About 500 jobs will be added for production of Porsche's new compact SUV, codenamed the Cajun, which will go on sale in 2013 in Europe and in North America about six months later. Porsche's supervisory board will make a decision on the production location of the Cajun in mid-March.

‘Nemesis’ breaks UK electric car speed record

An electric car – based on a second-hand Lotus Exige – has broken the UK electric car speed record with a speed of 151.6mph. We’re not entirely sure how relevant a new UK speed record for an electric car is, but let’s be parochial and report it anyway. The ‘Nemesis’ is an electric car built round a second hand Lotus Exige, bought off eBay, by a team of engineers in a shed in Norfolk and driven by an Estate Agent from Gloucestershire.

Amelia Island concours teases headliner

Usually teaser shots hint at the future, but this one is a glimpse of the past--and of one of headliners of the 2010 Amelia Island Concours d'Elegance. A shot was released this week of an aluminum body before restoration. It's the skin of a 1940s roadster that will be one of the spotlight cars at the March 12-14 concours in Florida.