Posts tagged Porsche
Mercedes-Benz is yanking 400 jobs out of Michigan — and ‘doubling down’ on Georgia
May 27, 2025 // Georgia is on its way to becoming a key automotive hub in the U.S. Porsche (VWAGY) opened its North American headquarters there in 1998. Kia (HYMTF) opened its first North American plant in West Point in 2010. More recently, Hyundai opened an EV factory there in March 2025, touting it as “the largest economic development project in the state’s history [...].” Back in Michigan, a Mercedes-Benz Financial Services spokesperson told the Detroit Free Press that the company is maintaining 180 R&D jobs in the state. “That number will grow to up to 200 total technical roles in Michigan for Mercedes-Benz,” said communications director Melinda Mernovage. “The roles leaving Michigan are not layoffs, and all employees will have the opportunity to transfer to the Atlanta headquarters.”