Killing all speculation that Porsche may produce products in North America, the German automaker said it has no plans to produce any sports car in the U.S.
“We’ve always said Porsche is a product ‘Made in Germany’,” Porsche production boss Michael Macht told reporters. He said that the company sees “no necessity” to begin manufacturing cars at a location outside of its current network.
Macht also said that Porsche has no plans to expand its cooperation with Volkswagen beyond the projects already in development or projects that have already been announced.
Porsche is currently in the process to increase its stake in Volkswagen from 31 percent to over 50 percent.
Source: Automotive News (Subscription Required)