US EditionPorsche Mulls Doing Some Final Assembly in US to Ease Tariff Hit
7 Articles
7 Articles
According to a press report, the German sports car manufacturer Porsche is considering the relocation of parts of the final assembly from Germany to the USA.
The Volkswagen subsidiary currently does not manufacture vehicles in the USA and is therefore heavily exposed to US President Donald Trump's duties on imported goods into the USA.
Porsche Mulls Doing Some Final Assembly in US to Ease Tariff Hit
Porsche AG is considering shifting certain last parts of its model assembly to the US as a way to blunt the impact of Donald Trump’s tariffs on imported vehicles, according to people familiar with the matter.
Porsche currently does not produce any cars in the United States. However, according to recent reports in the German press, the American tariffs are prompting the sports brand to take a new approach to the subject.
Porsche is considering moving parts of its car assembly process to the United States. The German sports car manufacturer hopes to soften the impact of US President Donald Trump's 25 percent import duties on cars, insiders told Bloomberg.
Porsche Denies Plans to Shift Assembly to US to Avoid Tariffs
Porsche is considering moving some final assembly to the United States aiming to mitigate the impact of Trump’s tariffs on imported vehicles, as initially reported by Bloomberg on Friday. The German-based automaker is reportedly changing processes such as the installation of interior parts or the fitting of tires to the other side of the Atlantic, while keeping core production in its home market. The move was allegedly being considered by Oliver…
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