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Porsche to hire 1,000 employees

Porsche Gemballa Mirage

Porsche is planning to double its sales to about 200,000 per year with the help of more money and manpower. The German automaker is planning to hire 1,000 employees in which half of them will be building the company's forthcoming small crossover under the working name 'Cajun,' while the other half will be developing new vehicles. If the sales target are met, they would add another 500 employees by 2018.

Porsche would also expand its lineup from four to seven models to reach its sales goals, while also forking over up to 750 million Euro to upgrade its Leipzig factory. The latter is believed to be the main candidate to build the Cajun when production begins in 2013.

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