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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.

Buy a Spyker Bond and get a cheap Spyker B6 Venator

Buy a Spyker Bond and get a cheap B6 Venator (pictured) Last year, Victor Muller seemed to have pulled off something of a coup for Spyker by delivering concepts of the B6 Venator Coupe and Spyder to much acclaim, which looked like a car that could kick-start Spyker’s rather troubled business model. After a foray in to Saab ownership, Victor Muller lost Spyker to CPP, but CPP’s reliance on finance from Victor’s pal Vlad the banker proved to be CPP’s downfall and Victor emerged, somehow, back in control of Spyker. But despite Victor’s legendary ability to schmooze finance from the most unlikely sources, it seems he’s run in to a bit of trouble with financing production of the Venator, so he’s come up with a plan that looks to be a cross between a lottery and crowd funding.

Opel Corsa 5-door

Following the recent announcement of the new three-door Corsa comes its five-door sibling. While the three-door concentrates on sportiness, the five-door is more practical and features FlexFix, a new seat folding system following the method introduced on the Opel Trixx concept from 2004. The ?DualFloor?