Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Slovakia to produce Cayenne SUV

FOR THE first time, Porsche will produce one of its vehicles completely outside Germany, the Financial Times daily informed on March 18.

FOR THE first time, Porsche will produce one of its vehicles completely outside Germany, the Financial Times daily informed on March 18.

The entire production of the next generation of the Cayenne SUV, a vehicle that currently accounts for about half of the company’s sales, will move to Bratislava after 2016, Porsche’s chief executive Matthias Müller said, as quoted by the Financial Times, adding that the decision was made as part of the reorganisation of production in Porsche and the wider Volkswagen Group.

Currently, the vast majority of the Cayenne’s parts are made in Bratislava, but the final assembly is done at the company’s workshop in Leipzig.

“Porsche – maker of the 911 sports car and Panamera saloon – had partly resisted that trend [of moving production outside the country] because the ‘Made in Germany’ label was considered a core part of its corporate identity and marketing,” the Financial Times wrote.

Porsche’s management maintains that for customers, the decisive factor is that all Porsche vehicles will continue to be designed and engineered in Germany, Müller said, as reported by the Financial Times.

Top stories

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.