The economic impact of RussiaThe conquest of Ukraine has been felt beyond the borders of either country, and it seems that the auto industry will not be immune.
Porsche It will have to pause production of all of its model lines at various points throughout March, According to Motor1.com. While far from being the most serious concern about the war, it shows how conflict can exacerbate a supply chain crisis in the auto industry.
Industry analysts have been concerned about how the Russian invasion will affect automakers since the fighting began in late February. That is because the country is an important source of supplies, In particular wire harnessesFor European-based companies such as Volkswagen AG, Parent company Porsche. Ukraine It is said to have produced 7 percent of wire connections imported into EU in 2021.
It appears that these concerns are beginning to bear fruit. Late last week, automotive vlogger Caleb J Schroeder Post an email He was allegedly sent by Porsche to explain temporary production outages for all of its cars throughout March, some of which have already begun. The email states that production of the Macan and Panamera models halted on March 2, the Taycan on March 3 and the Cayenne on March 7, with the 718 Cayman and Boxter on March 14, the 911 GT3 and GT3 Touring on March 17 and all other 911 models On March 31.
Porsche confirmed to Motor1.com that production at its Liepzig facility, where the Macan and Panamera are built, halted on March 2, but said its plant in Zuffenhausen was not affected. A spokesperson for the brand told the website, “Further steps will be taken in an orderly process. In the coming days and weeks, we will work on a short-term basis and continually reassess the situation.”
Porsche did not immediately respond to a request for comment from Rob’s report Tuesday morning.
News of the discontinuation comes just days after Porsche announced that it will stop delivering vehicles to Russia with immediate effect, According to CarScoops. The company operates 26 dealerships across the country but only sold 6,262 vehicles there during 2021. This represents a small portion of the Record records 301,915 vehicles The brand delivered last year. Porsche too Donated 1 million euros (about $1.1 million) to help provide emergency aid to those affected by the invasion.
The brand is not the only automaker that provides financial support to Ukraine. Some of the biggest brands in the field—Including Mercedes-Benz, General Motors and Toyota– They donated money to the country, halted business in Russia or both since the end of last month.
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