Manufacture of the next-generation Porsche Panamera could be moving, if a report from Reuters is true. The current-generation Panamera range has its bodies welded together and painted at a Volkswagen facility in Hanover before being shipped to Leipzig where final assembly takes place.
If you recently ordered a Porsche Cayenne or a Panamera, delivery may take a little longer than originally expected. Automotive News reports that production of both models has been temporarily halted at the Porsche assembly plant in Leipzig, Germany as the result of supply shortages caused by flooding in the nearby Czech Republic. The reason for the stoppage is that the body of the Cayenne – currently Porsche's best-selling model – is produced at a Volkswagen plant in the Czech city
Automotive News reports Porsche is set to scale back the company's investment spending. The sports car manufacturer expects to see sales decline between five and 10 percent next year compared to earlier estimates, and the move is aimed to help the company keep its profitability up through 2013. According to Matthias Muller, Porsche brand chief, the cut in spending may delay a project or two, though there's no indication as to which exercises are going to get the back-burner treatment.
Say what you will about the Porsche Cayenne – whether you think it's the best-handling SUV on the market or a storied automaker turning its back on its heritage – you can't argue that it hasn't been a huge success for the German automaker. In fact, Porsche has produced 100,000 examples of the Cayenne – and that's only counting the current model.
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