According to sources familiar with the matter, all the production of the next generation of the four-door Panamera coupe could be relegated to Porsche’s plant in Leipzig.
If real, this move could threaten jobs at parent Volkswagen, as the company welds and paints the Panamera’s bodies at its factory in Hanover for assembly in Leipzig, where Porsche also makes its best-selling Cayenne sport-utility vehicle. Some 800 of the 14,300 jobs at VW’s commercial-vehicle plant in Hanover depend on the Panamera project.
With the new generation model expected to come to market around 2016 the premium automaker is considering plans to fully base production of the Panamera’s second generation at the eastern German facility, two sources said to Reuters, speaking on condition of anonymity because the matter is confidential.
Porsche has spent about 500 million euros ($680 million) in Leipzig on a new body and paint shop to prepare the plant for production of its new model, the Macan compact SUV, due to go on sale in the spring of 2014. Also, the company declared that no decision had been taken on where the Panamera is made.
) - Thursday, October 3rd, 2013 - filed under Industry
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