06:24 AM EDT, 10/27/2026 (MT Newswires) -- Porsche AG (P911.F) Chief Financial Officer Jochen Breckner said the company had no plans to manufacture cars in the US, London's Financial Times reported Tuesday. The luxury sports car maker's parent entity, Volkswagen (VOW.F, VOW3.F), recently agreed to develop a dedicated production site for its Audi brand in the US. Breckner said that shifting production to the US would complicate operations given Porsche's relatively low production volumes, according to the news report.

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