Porsche to stop weekend shifts due to weak demand
#1
11-13-2012, 01:22 PM
Porsche to stop weekend shifts due to weak demand Porsche to stop weekend shifts due to weak demand
Source says five-day working week at Zuffenhausen will start in January
According to company sources, Porsche will halt weekend production of two-seater sports cars at its biggest plant next year as Europe's deepening debt crisis is eroding demand for luxury vehicles.
Porsche will limit the working week to five days at its headquarter factory in Zuffenhausen from January, where it has been running eight extra shifts on Saturdays since September to clear orders for the revamped 911 model, the sources said on Monday on condition they not be identified because the matter is confidential.
The number of Porsche 911, Boxster and Cayman vehicles assembled in Zuffenhausen and destined for austerity-strapped European markets will drop 10.7 percent next year to 14,543 cars, according to research firm IHS Automotive.
"Weak demand can be traced all over the premium market," said London-based Credit Suisse analyst Erich Hauser. "Europe is in the doldrums. Driving pure amusement cars is clearly becoming less desirable in difficult times."
Porsche will limit the working week to five days at its headquarter factory in Zuffenhausen from January, where it has been running eight extra shifts on Saturdays since September to clear orders for the revamped 911 model, the sources said on Monday on condition they not be identified because the matter is confidential.
The number of Porsche 911, Boxster and Cayman vehicles assembled in Zuffenhausen and destined for austerity-strapped European markets will drop 10.7 percent next year to 14,543 cars, according to research firm IHS Automotive.
"Weak demand can be traced all over the premium market," said London-based Credit Suisse analyst Erich Hauser. "Europe is in the doldrums. Driving pure amusement cars is clearly becoming less desirable in difficult times."
#2
11-13-2012, 01:59 PM
Hi DJ,
Thanks for the info..look what I wrote three months ago - it seems my info-prediction was 100% correct:
"Dont forget that the first wave of 991 sales also included just dealer cars..and I know from 3 Porsche dealers that 991 is not selling at all now - the reasons could be different..but I bet you in 3 months you will see another reduction in production.
A friend of mine ordered a 991 - he will still get it in october..and there was already a serious reduction on the "new price".
https://teamspeed.com/forums/porsche...ng-2013-a.html
PS: In another three months - there will be a 4 day week..Im pretty sure about that..the market is flooded with 991s..that are sitting in the Porsche centers..and almost no-one is willing to buy. Porsche keeps up the sales as the centers are "forced" to take cars...how and when they will sell them is not Porsches business anymore..this tactic works for a few months..but cannot be sustained in he long run.
Thanks for the info..look what I wrote three months ago - it seems my info-prediction was 100% correct:
"Dont forget that the first wave of 991 sales also included just dealer cars..and I know from 3 Porsche dealers that 991 is not selling at all now - the reasons could be different..but I bet you in 3 months you will see another reduction in production.
A friend of mine ordered a 991 - he will still get it in october..and there was already a serious reduction on the "new price".
https://teamspeed.com/forums/porsche...ng-2013-a.html
PS: In another three months - there will be a 4 day week..Im pretty sure about that..the market is flooded with 991s..that are sitting in the Porsche centers..and almost no-one is willing to buy. Porsche keeps up the sales as the centers are "forced" to take cars...how and when they will sell them is not Porsches business anymore..this tactic works for a few months..but cannot be sustained in he long run.
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