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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.

Ford unveils Mustang 50th anniversary logo

Ford is gearing up for a year-long celebration of the 50th anniversary of the Mustang in 2014, and revealed a logo Tuesday to be used on fan merchandise. The anniversary logo uses the traditional galloping pony in silhouette, placed above the words “50 years.” Ford designer Michael Thompson is credited with creating the anniversary logo. The logo will either be white on a black background or black on white, Ford says.

Nissan Juke Nismo unveiled at Tokyo Auto Salon

The Nissan Juke is a polarizing proposition -- detractors claim it’s the worst thing since the Pontiac Aztek, even as its fans embrace its quirky styling. If you’re in the former camp, you’re probably not going to like the 2013 Nissan Juke Nismo. Just unveiled at the 2013 Toyko Auto Salon, the crossover’s baroque curves are clad in a substantial body kit that includes a reshaped front bumper, redesigned spoiler, LED fog lights and new side skirts.