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Porsche weighs moving Cayenne production to Leipzig to boost German footprint, CEO says

Porsche weighs moving Cayenne production to Leipzig to boost German footprint, CEO says

- Porsche P911_p.DE is considering moving production of its high-end Cayenne SUV from Bratislava to Leipzig to boost utilisation of the German site, though any decision must be taken with parent Volkswagen VOWG_p.DE, CEO Michael Leiters said on Wednesday.

"We have to find the overall best solution for both of us," Leiters added.

The luxury carmaker expects sales volumes to decline next year, mainly due to the phase-out of the combustion engine version of its Macan compact SUV, finance chief Jochen Breckner said after the company reported half-year results.


(Reporting by Rachel More, Editing by Miranda Murray)

((rachel.more@thomsonreuters.com;))

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