Reports from earlier this week had VW’s upcoming U.S. factory possibly assembling the Porsche Cayenne SUV Stateside. On Thursday, Porsche spokesperson Albrecht Bamler denied the rumors.
Bamler reasoned suppliers for the Cayenne’s components are based in Europe, and shipping them over to the U.S. would not make sense. He also cited currency hedging the automaker maintains until 2013 as the reason the weak U.S. dollar is not driving the decision to move production of Porsche ’s first and only SUV.
The reports had the next-generation Cayenne, due out in 2015, built at VW’s U.S. plant, which is too far into the future to comment on, Bamler said.
VW Touareg, Audi Q7 and Porsche Cayenne bodies are made in Bratislava, Slovakia, and then shipped elsewhere for final assembly. In the Cayenne’s case, it is Leipzig, Germany.
VW is expected to announce the location of its U.S. plant before July 24, at which point it commences a three-week summer break.
