Porsche Cutting Output in 2013 to Anticipate Lower Sales

PorschePorscheGermany, 1931 > present43 models
4639 photos
29 videos
is reportedly cutting its production and investment forecasts for 2013 to anticipate 5%-10% lower sales than expected. Sales for 2013 are expected to be roughly the same as projected 2012 sales. This also means the delay of some expected introductions. 

Porsche expects sales to drop in Europe next year, and China's new car sales are slowing too.

It expects profits to be up in 2012 after a record year in 2011. 

Source: Automotive News