GM plans to hire 1,000 engineers in the coming year and Chrysler will hire 1,000 in the next four months, according to various media reports.
GM’s new hires will work on development of electric cars and hybrids, including the soon-to-be-released Chevy Volt, the company says. Chrysler’s new engineers are expected to do small- and mid-sized car development.
Quoted in an article in The Wall Street Journal, GM chief executive Dan Akerson said that battery-powered cars could drive “300, 400 or 500 miles within five, ten or 15 years. We have to stay invested in this technology because we’re not sure where it’s going to go.”