Home News Weather Finance Travel Maps Movies Lottery Horoscopes Games
 SECTION: GERMAN BUSINESS NEWS
Search The Web:
DOMAIN NAMES
AS LOW AS $2.99 / YR.
Porsche Eyeing 2,100 New German Jobs
Saturday, 17-May-2008 4:05PM United Press International
USTINET NEWS

 » Front Page

 » Top Stories

 » U.S.

 » World

 » Politics

 » Business

    Front Page

    Industires

    Labor & Unions

    World Econmony

 » Sports

 » Health

 » Tech/Science

 » Living/Entertainment

 » Off Beat Stories

 » News Photos

 » Weather


Special Editions

 » Iraq & Conflict

 » Israel/Palestine

 » Crimes & Laws


MultiMedia

 » Interactive Features

 » News Photos


POLL: Your Opinion

 » What Do You Think




BERLIN, May 17 (UPI) -- The German luxury automobile manufacturer Porsche will soon create as many as 2,700 jobs in Europe thanks to a new model, a company official says.

SAVE MONEY ON TRAVEL DEALS

Porsche chief marketing head Klaus Berning said production of the new sports coupe Panamera model would mean 2,100 new jobs in Germany and likely another 600 positions across Europe, Deutsche Welle reported Saturday.

Berning said the production of the new model would include manufacturing by Porsche partner Volkswagen.

The marketing official denied any plans to manufacture in the United States or create a new Porsche sport utility vehicle, saying the auto maker was dedicated to its current financial goals.

"We don't chase volume. We aim to make money with every single car. The bigger a market segment is, the harder that becomes", he said. "So the small SUV is definitely not the way Porsche will be going."

Deutsche Welle said Volkswagen, meanwhile, has plans to build a new manufacturing plant in the United States that should produce 250,000 cars each year.

- - - - - - - - - - - - - - - - - - - -
Related News Topics:

High-priority business news
Mining and metals processing
German business news
News covering industry
News of Europe

 BREAKING STORIES

Bernanke applauds central banks abroad

Commerzbank jumps into bailout program

Porsche to ease demand on Volkswagen stock

European automakers schedule cutbacks

Steinbrueck: Financial crisis end distant

Germany accused of isolationism

Bavarian bank accepts Germany's help

Google loses German copyright lawsuit

Germans jolted by Lehman Brothers payment

European Central Bank tries to calm nerves

Deutsche Bank agrees to $3.9 billion buy

Villegas Leads BMW Championship

Big job cuts could follow Dresdner sale

Economy slowing new car models in Europe

VWs popular in China

Eurozone economy shrinks 0.5 percent

BMW recalls 200,000 vehicles

Deutsche Bank posts second-quarter profits

Tennessee becomes auto hub

Volkswagen to build plant in Tennessee

Home News Weather Finance Travel Maps Movies Lottery Horoscopes Games
Home :: My Page :: My WebMail :: My Calendar :: My Portfolio :: Chat :: Help Center :: Sign In :: Sign Out

MY.USTI.NET PORTAL  -  © 1996 - 2004 USTINET CORPORATION. ALL RIGHTS RESERVED.
Please see our Privacy Policy, Security Guarantee, Terms of Use for additional information.