Porsche to add 1,000 jobs by 2015, 500 for Cajun SUV production

Porsche has ambitions to expand its lineup and sales targets and to meet its goals the company will be adding more than 1,000 employees by 2015. 500 of the new jobs to be added will be for the production of the new compact SUV, known so far as the Cajun, which is scheduled to go on sale in 2013 in Europe and in North America.

While Porsche has yet to make a final decision on the production location of the new Cajun, it is likely to be produced alongside the Cayenne and the Panamera at the company’s Leipzig, Germany plant. A final decision is expected mid-March.

According to internal plans, between 2015 and 2018, a further 500 jobs will be created. Porsche has plans to spend 500 million euros ($675 million) on future products between 2011 and 2015.

– By: Omar Rana

Source: Automotive News