Porsche reduces production

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Porsche announced today that it has to reduce its production in order to mach the market demand. due to decline in demand, Porsche has closed the Zuffenhausen for one day, on November 21, 2008. Porsche plans to keep it closed an additional seven days up to the end of January 2009.

The company says that, because the flexitime accounts of Porsche employees are well filled due to the high production capacity in the last year, balance is possible without short-time work.

Porsche does not expect to get the same total sales figures in the current fiscal year, as it did in the previous one (98,652 units sold).

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Source: Porsche