In Germany, Volkswagen promises to create 50,000 new jobs in the coming years and in the US, Ford Motor Co. will invest 600 million US-Dollar to overhaul a Kentucky plant. Meanwhile in India, BMW has launched its most inexpensive softroader, the X1, where pre-launch bookings of 1,000 units have already sold out.
All of these are signs of a gradual recovery for the auto industry that at least in the US was close to a collapse in 2009. Therefore the fact that the American car manufacturer Ford Motor Co. will add 1,800 autoworkers to make the next generation of its Escape SUV in its Kentucky plant is very promising.
The German car manufacturer Volkswagen currently employs 400,000 employees worldwide. However, Horst Neumann, head of VW's human resources, said: "With the continued growth in many markets, it could grow to 450,000 employees in the intermediate future. In the next five years, we also need to replace 60,000 employees. This is a huge task." 5,000 to 6,000 new jobs will be created in VW's home country Germany within the next four years, the rest will be spread worldwide.
http://www.handelsblatt.com
http://www.reuters.com/article/idUSTRE6B84BR20101209
http://www.ndtv.com/article/india/bmw-x1-bmw-s-cheapest-model-drives-into-india-74610
How relevant is citing ‘Volkswagen promises to create 50,000 new jobs’ for internationally educated MBA from top business schools. Correct! Absolutely not relevant. They hire only German speaking candidates with mainly auto-manufacturing related profiles tipped to the side of auto - engineering. See it yourself.
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