STUTTGART -- Porsche is currently the only German automaker to avoid a reduction in working hours.
That situation is not expected to change, Uwe Hueck, the chair of the Porsche works council, told Automotive News Europes sister publication Automobilwoche.
You really cant generate more profits than revenues and then send your employees into reduced working hours at government expense, he said.
Porsche is, however, battling a steep sales decline. But unlike BMW, Daimler and Volkswagen, it can take advantage of its low vertical integration.
We are bringing more manufacturing back inside, Hueck said. Starting in March, Porsche will build nearly all its new Boxsters at its factory in Zuffenhausen.
The old model was largely built by contract manufacturer Valmet, in Finland.