Porsche may focus production of next Panamera at Leipzig

Article by Anita Panait, on October 4, 2013

Porsche may focus output of the next generation Panamera at its Leipzig site in Germany, sources having direct knowledge of the matter told Reuters. The move is seen to affect jobs at parent Volkswagen Group’s Hanover site in Germany, responsible for welding and painting the Panamera's bodies.

The bodies are then sent for assembly in Leipzig, where Porsche also builds the Cayenne SUV.

Around 800 of the 14,300 jobs at VW's Hanover plant rely on the Panamera project. Porsche is considering plans to fully base production of the second-generation Panamera at the Leipzig facility, according to two sources.

The next-generation Panamera is expected to be rolled out around 2016. According to Porsche, the company has yet to decide on the location for the production of the second-generation Panamera.

The sports car maker has invested around EUR500 million ($680 million) in Leipzig to construct a new body and paint shop to prepare the facility for production of the Macan compact SUV, which will be available for the public sale in the spring of 2014.The Leipzig facility built 27,056 Panameras in 2012.

Porsche commemorated the launching of the branch-new Porsche Panamera at the 2013 Shanghai Motor Show. The most stunning new creation is the Panamera S E-Hybrid, the world's first plug-in hybrid in its segment. The Porsche Panamera range now comprises ten models, which include the two all-new elite Executive versions with an elongated wheelbase.

Additionally making its premiere is the brand-new three-liter V6 engine with biturbo charging for the Panamera S and Panamera 4S. Therefore, Porsche is broadening its Gran Turismo model series - which was already unparalleled in its wide base of models. The new series provides considerably significant performance, effectiveness, comfortability and convenience. The modern styling of the Panamera takes on the design language of Porsche sports vehicles that highlights highly accurate lines and newly shaped body components.

For Porsche, China is the second biggest single market after the USA – even bigger than its domestic market Germany. In 2012, the sports vehicle maker brought about 31,205 cars to Chinese clients - a 28.2 for percent gain contrasted with 2011. China is the world's biggest worldwide market for the energetic Cayenne SUV and the Panamera sport sedan.

To satisfy all of the sustained demands of Chinese clients, Porsche is widening its merchant network. A new Porsche Center is built in China about every month. In sum, the organization intends to expand its existing dealer network from more than 50 Porsche Centers today to around 100 locations.

Porsche is likewise building Asia's first Porsche Driving Experience Center alongside the Shanghai International Circuit motorsport race course. The 100,000 square meter site with its test track, off-road parcours. slalom courses, and training classrooms is totally reserved for Porsche clients and fans. When it is finished in 2014, the Porsche Driving Experience Center in Shanghai will be the third client test center on the planet alongside Leipzig and Silverstone in England.

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