Porsche plant workers agree to less pay to produce electric car

BERLIN: Porsche workers have agreed to concessions worth several hundred million euros to secure production of an all-electric sports car at the manufacturer’s biggest plant, a spokesman for the company said.

The Volkswagen-owned manufacturer said earlier this month it would spend about 1 billion euros ($1.10 billion) at its base in Zuffenhausen and create more than 1,000 jobs there to build the battery-powered “Mission E” model.

But wage costs of the 13,000 workers employed at Zuffenhausen exceed those at Porsche’s other German factory in Leipzig and at a VW plant in Osnabrueck where Porsche’s Cayman and Cayenne models are assembled, a source at Porsche said.

“Employer and employees have jointly drawn up measures that have led to the decision of producing the Mission E model at Zuffenhausen,” a spokesman for Porsche said on Tuesday, confirming a report by German magazine Automobilwoche.

Reuters

 

Share This:

Login

Welcome! Login in to your account

Remember meLost your password?

Don't have account. Register

Lost Password

Register