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JLR launches UK recruitment campaign
Wed, 08 Jan 2014JAGUAR Land Rover has begun a campaign to recruit hundreds of new workers at its Engine Manufacturing Centre near Wolverhampton. Phase one of the overall plan will see 600 new employees join the company over the next four years, with the long-term aim being to recruit 1,400 extra staff members. The first 600 workers will be employed on the manufacturing line itself, producing parts for complex new engines destined to power cars like the Range Rover Evoque and the Jaguar F-Type.
Volkswagen hits back, weighs making a bid for Porsche
Thu, 23 Apr 2009Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.
Volkswagen CC four-door to get R-Line trim
Tue, 29 May 2012Volkswagen will add the R-Line trim level to the CC four-door in the United States. Powered by VW's 200-hp, 2.0-liter turbocharged four-cylinder engine, the CC R-Line will launch at the Auto Mobil International show in Leipzig, Germany, on June 1. The car will arrive in U.S.









