Porsche plans to finalize a new round of cost reduction measures and simultaneously tighten vehicle production capacity

Porsche CEO Michael Leiters stated in an interview that the company plans to reach a cost reduction agreement with employee representatives before the factory's summer shutdown in July. Facing multiple pressures such as U.S. tariff policies and intensifying competition in the European industry, Porsche launched a new round of cost-saving negotiations last year. Leiters revealed in the interview that the cost-cutting measures will also include adjusting production capacity planning, and Porsche’s total vehicle output this year will be lower than last year’s sales volume of about 280,000 units. "Even if the scale of vehicle production and sales shrinks, Porsche must remain profitable." He also stated that the automaker plans to deepen its cooperation with sister brand Audi within the same group to achieve its profitability goals.