Porsche's financial chief makes clear
The tariffs on imported cars introduced by President Trump (and which may be further imposed) will particularly affect manufacturers that do not have production facilities in the United States, and Porsche is one of them.
This has led to speculation that Porsche may consider moving some of its production to the US to mitigate the impact.
However, Reuters reported that Porsche's Chief Financial Officer Jochen Breckner stated that the company has no plans to build cars in the United States.
While other automakers in the VW Group have assembly plants in the United States, Porsche's production volumes are relatively small, so even a partnership with other brands within the group is not realistic, the report said.
Jochen Breckner made the remarks during a conference call with analysts discussing margin declines in the first quarter of 2025.
Also according to Reuters, Breckner said Porsche will lose at least 100 million euros in April and May 2025 because of President Trump's tariffs, but the good news is that "Porsche is holding off on price increases for now."
But as they said "yet," and "if tariffs continue, prices will eventually go up," so that's scary, really scary.
Although this time we are talking about the US, if we consider Porsche as a whole, any price increase will have an impact on Japan as well...right?
Prices have already risen from the MY26 model, and with the possibility of an additional few percent increase in price, it looks like buying a Porsche will be more difficult than ever before.
Source:Porsche Has No Plans to Move Production to US in Face of Trump Tariffs, Finance Chief Says
I'm Rika, the author of this article. Since I got my hands on a Porsche 911, I've been completely hooked on Porsches and I can't stop loving them, so I started this blog. My favorite cars are the 911 Carrera (2/991), 911 Carrera Cabriolet & 911 Carrera T (1/992), GT3 (1/997) and 718 Cayman GT4 RS.
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