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Porsche needs 1,000 more workers to produce the Macan


The German based automaker Porsche has recently announced its plans to hire 1,000 more workers in Leipzig for producing the brand new Macan crossover. Porsche’s family is getting ready to receive one more member and after the iconic 911, the Boxster, the Cayman, the Panamera and the Cayenne, the carmaker will now produce a crossover, which will be named the Macan. ...
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Guangzhou Auto’s 2012 profit down 70-80 percent
Guangzhou Automobile Group, one of China's big state-owned auto companies, announced it expects its 2012 net profit to decline by 70 to 80 percent from a year earlier. “The estimated results ...
Survey: Auto execs plan to increase investments in plants and distribution
More and more auto executives around the world say they are planning to increase investments in plants and distribution networks as fears of overcapacity decline. According to a survey released today ...
October Car Production Up 6.5% in October
Increased demand in the UK brought the car manufacturing an increase of 9.7% from January to October and a 6.5% increase in October. According to Society of Motor Manufacturers and Traders ...
Global car production may reach 80 million units in 2012
Worldwide production of passenger vehicles may reach 80 million vehicles this year, which would be an all-time record for the automotive industry. In 2010, global production of cars and light trucks ...
Auto companies to hire more to keep up with increasing demand – report
Despite growing losses in Europe and slowing growth in the United States, most of the auto companies will hire more people to build more vehicles over the next year to ...
Daimler to partner with AKKA Technologies for European engineering consultancy firm
Daimler Ag., on Thursday said together with AKKA Technologies S.A. will jointly manage the MBtech Group, an internationally leading engineering and consulting company based in Sindelfingen. Under the new agreement, AKKA ...
Auto execs’ optimism for economic recovery is declining, survey says
Optimism for an economic recovery in 2012 in the auto industry is decreasing as executives plan to reduce capital spending and hiring next year because of the uncertainty in Europe. The ...
2012 Toyota Avalon starts at $33.995
The Japanese based automaker Toyota has recently announced the starting price for its 2012 Avalon sedan, which has been set at $33.995. With the 2011 Los Angeles Auto Show going on ...
2012 Mini Roadster starts at $25.050
With the 2011 Los Angeles Auto Show keeping everyone in the automotive industry busy, Mini has decided to give us something else to write about, such as the 2012 Roadster, ...

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