Germany: Porsche to scale back investment, output

Porsche plans to scale back investment and production next year in response to a predicted slowdown in sales. Reuters reports Porsche Chief Executive Matthias Mueller as stating that the company is bracing for 2013 sales to come in 5-10% below its target, though they should still remain at the level Subscribe to Automotive World to … Continued

• By Webmaster
• September 20, 2012