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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.

European car sales show signs of resurgence

New car sales in both France and Spain have risen for the fifth month in a row to January 2014, showing signs the European car market is on the up. The news is positive for Europe’s automotive sector, which has been in decline for six years. On Bing: see pictures of new cars for 2014 Find out how much a used car costs on Auto Trader Alongside the relative success in France and Spain – two of the biggest hit regions for new car sales following the global economic downturn – Italy also recorded positive results for new vehicle registrations.

Photos reveal the all-new Ford Mustang -- of 1979

If you need further proof that everything old is new again, just look at the engine options for the upcoming 2015 Ford Mustang. That optional 2.3-liter turbocharged inline-four is generating a lot of buzz; it's expected to help keep the car sporty while cutting down on fuel consumption, and it's going to help the Mustang make headway in overseas markets. Adding a turbo-four to the pony car equation isn't exactly novel: The Blue Oval put a forced-induction motor with the same cylinder count, configuration and displacement in the 1979 Mustang.