Porsche plans to shift Cayenne SUV production to Leipzig from Slovakia, FAZ reports
The move would improve capacity use at Porsche’s underutilized Leipzig plant if workers accept pay and staffing concessions, company sources said.
- On Saturday, the Frankfurter Allgemeine Zeitung reported that Porsche plans to shift production of its Cayenne SUV from Bratislava, Slovakia, to Leipzig, Germany, to boost capacity utilization at the German plant.
- Porsche CEO Michael Leiters cited 'persistent pressure on the automotive industry' as the driver for restructuring, with weak sales in China and heavy strategic investment weighing on the manufacturer.
- Relocating production requires employee pay reductions to ensure economic viability, while the company plans to cut around 200 jobs by August and transfer up to 400 employees to Volkswagen's Wolfsburg site.
- Works council chair Ibrahim Aslan confirmed negotiations are ongoing but noted several issues remain unresolved as the company aims to reach a solution quickly for the Leipzig facility.
- This proposal coincides with wider cost-cutting at parent company Volkswagen, which is reportedly considering shutting four German factories and ramping up job cuts to as many as 100,000.
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Porsche plans to relocate the production of the Cayenne SUV from Bratislava to Leipzig. Chief Executive Officer Leiters focuses on Germany and aims to reduce costs.
Porsche plans to shift Cayenne SUV production to Leipzig from Slovakia ...
Porsche Plans to Shift Cayenne Production to Leipzig, FAZ Says
Porsche AG plans to move the production of its Cayenne model from Bratislava to Leipzig, the Frankfurter Allgemeine Zeitung reported, as the carmaker seeks to utilize spare capacity at its German factories.
Volkswagen Group subsidiary Porsche is not doing well either. It is to be saved. At the same time, the unloaded plants are to be used more efficiently. For this reason, the Cayenne is to be built again in Germany. But something has to change for this.
Porsche CEO Leiters wants to secure the long-term performance of the plant in Leipzig and therefore have the Cayenne produced there in the future. However, he formulates demands on the employees.
Leipzig instead of Bratislava: According to a newspaper report, Porsche plans to relocate the production of the Cayenne. However, there is a condition for the workers.
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