Wednesday, July 2, 2014

Porsche Work Force..

Porsche will increase work force 24% in global expansion




Weissach, Germany (Bloomberg) - Porsche wants its workforce to increase by some 24 percent, to underpin its global growth ambitions. 

The Volkswagen Group Unit hire about 5,000 employees over the next five years, especially outside its home market of Germany, said Thomas Edig, personnel manager of Porsche. 

The new jobs will be created in model development, production, sales and service, Edig said. 

Porsche has added more than 8,400 jobs since 2010. His work force worldwide was 21,100 people at the end of May. 

While still new jobs, the pace of hiring at Porsche will actually slow as the division balances revenue and earnings growth, Edig said. "We will not continue to grow after the model of the last four years, but we do need to expand on the personnel side," Edig said at the press conference on Tuesday in Weissach, Germany. 

Porsche has a goal, a record to sell 200,000 cars in 2015 after the addition of Macan compact SUV in April. The Macan's fifth model of Porsche, joining the sports car 911 and Boxster, Cayenne SUVs and the Panamera four-door coupe in the lineup. 


With Porsche hiring plans, "the key message is that they expect a significant growth over many years, not only because of the new products - the Macan - but also future expansion programs," said Juergen Pieper, a Frankfurt analyst at Bankhaus Metzler. "Research and development projects are going on the products own Porsche, the sports car projects for the whole group" at Volkswagen. 

Possible supercar 

Porsche CEO Matthias Mueller said in February that Porsche decided in mid-2014, if a $ 250,000 challenge in the supercar Ferrari. 

In the first quarter, operating income at Porsche about 18 percent of sales and the division was was the second largest contributor to the Volkswagen result, after the Audi luxury unit. 

Porsche margin "remains absolutely" to more than 15 percent aligned Edig said. "That is a goal we are to stick, and we are not deviating from it. And we need to make continuous, dass We do not want to get fat." 

industry averages 

Porsche setting affects the trend of headcount and cut costs in the European automotive industry as manufacturers streamline after a six-year slump. PSA / Peugeot-Citroen is committed to 500 jobs at a factory French cut by early retirement incentives. This is to eliminate on top of the plans, 11,200 employees in France.

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