world-economy

Porsche to Relocate Cayenne Production From Slovakia to Germany

Porsche AG is planning to move Cayenne manufacturing to its Leipzig facility from Bratislava. The carmaker aims to maximize utilization of German production capacity. The relocation encompasses all three engine variants of the model. However, the shift depends on employee representatives approving significant wage cuts. German labor costs are typically higher than those in Slovakia. Porsche seeks to leverage underutilized resources at its domestic plants while managing labor expenses.