Porsche Cayenne: No US production

Porsche has killed rumors about a possible US production with a clear: No!
It didn't take long for Porsche to set the record straight about its rumored production plans for the Cayenne in North America. Speaking with Autoweek, Porsche spokesman Albrecht Bamler, refuted a report by Germany's Handelsblatt newspaper that the automaker planned to build Cayenne's at Volkswagen's new factory in the U.S. According to Bamler, there's no need to produce Stuttgart's uber-ute here in the States, since European manufacturers supply parts and Porsche is protected against the weak dollar by currency hedging through 2013.
Related news: GermanCarBlog, P4MR, Porsche Cayenne
Source: Autoblog
Labels: Porsche
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