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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.

Aston Martin DBS Volante set for Geneva debut

Aston Martin will take the wraps off its fastest-ever production convertible at the Geneva motor show when the muscular 2010 DBS Volante makes its global debut. The soft-top version of Aston's beefy DBS will top 191 mph, the company says, and sprint from 0 to 62 mph in 4.3 seconds, figures that put the DBS Volante in the top echelon of open-top supercars. The development of only the 16th convertible in Aston's 95-year history has been eased by dipping into the parts bin.

Detroit auto show: Ford pumps up the 2011 Mustang GT with 412 hp

To Ford Mustang fans, 5.0 has a special place in their hearts and Ford has delivered a new car for them to love: the 2011 Mustang GT. The 5.0-liter V8 Mustang GT will deliver 412 hp and 390 lb-ft of torque. The engine produces 83 hp per liter yet will return 25 mpg on the highway and 17 mpg in the city, according to Ford marketing boss Jim Farley.