GERMANY: No fourth Porsche model line before 2009
Porsche will not start building a new fourth product line before 2009, the company's chief was quoted as saying by a newspaper.
Reuters noted that Porsche has already said it will decide finally next year whether or not to build a fourth model line - next to its current 911, Boxster and Cayenne models. But so far, it has not indicated when it would start building a new series.
"We will officially announce our decision in 2005. Having said that, the (new) car would not be built before 2009," chief executive Wendelin Wiedeking reportedly told Germany's Frankfurter Allgemeine Sonntagszeitung in an interview.
According to Reuters, Wiedeking declined to comment as to what type of new car Porsche was considering, saying this not had yet been decided.