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 Porsche to temporarily halt production

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PostSubject: Porsche to temporarily halt production   Porsche to temporarily halt production Icon_minitimeSat Nov 01, 2008 6:20 pm
Porsche joined other German carmakers in announcing a temporary halt to production because of dwindling sales triggered by the global economic crisis.

A spokesman for the sports carmaker in Stuttgart said the company was extending the Christmas holiday period for workers by three days.

He said the company's main plant at Zuffenhausen would remained closed from December 22 until January 9, 2009.

A spokesman confirmed media reports that if sales do not pick up, Porsche might transfer some of the production of its Boxster model from its Finnish partner Valmet to Germany.

On Monday, Daimler AG announced plans to shut down work for about four weeks over Christmas at key plants, including one producing its flagship luxury Mercedes-Benz cars.

The move followed similar announcements by General Motors, maker of Opel cars, and luxury carmaker BMW.

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