Porsche AG to Add Jobs for Production of Taycan EV
October 01 2019 - 11:34AM
Dow Jones News
By Max Bernhard
Volkswagen AG's (VOW.XE) sports-car maker Porsche AG plans to
hire an additional 500 people for the production of its electric
Taycan model, citing strong demand.
Porsche said Tuesday it now expects to create 2,000 jobs in
total for production of the car at its site in
Stuttgart-Zuffenhausen. The company said it still expects to make
20,000 units of the cars in the first year of production, but the
added jobs will give it flexibility to increase production if
necessary.
The new jobs will be added in the second quarter of next year,
while the initial 1,500 positions will be filled in the coming
days, it said.
Write to Max Bernhard at max.bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
October 01, 2019 11:19 ET (15:19 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Volkswagen (TG:VOW)
Historical Stock Chart
From Mar 2024 to Apr 2024
Volkswagen (TG:VOW)
Historical Stock Chart
From Apr 2023 to Apr 2024
