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Porsche to add 1,000 employees
Mon, 14 Feb 2011To 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.
China automaker Brilliance halts Europe exports, executives say
Thu, 29 Apr 2010Brilliance China Automotive Holdings Ltd., BMW AG's partner in China, has halted its car exports to Europe after its BS4 and BS6 sedan met with a cool reception, and there is no timetable for a resumption, senior executives said on Thursday. The head of Brilliance's former importer for Europe, Hans-Ulrich Sachs, told Automotive News Europe in March that another reason the automaker struggled is because it refused to lower the starting prices on the BS6 and BS4. "They didn't want to lose any money per car," said Sachs, the former boss of the now dissolved import company HSO Motors Europe.
Motown rockers Dale Earnhardt Jr. Jr. serve up Horse Power
Fri, 06 May 2011NASCAR fans looking for a new soundtrack to their auto-racing season can trade in their Lynyrd Skynyrd records for an offering from Detroit-based indie-pop duo Dale Earnhardt Jr. Jr. In a nod to their Motor City roots, band members Josh Epstein and Daniel Zott take the stage wearing racing suits and trucker hats and croon covers of Gil Scott-Heron's “We Almost Lost Detroit.” The band, which is touring the East Coast this week, released an EP titled Horse Power last summer and is coming out with its first full-length album, It's a Corporate World, on June 7.