Porsche News
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Porsche has chosen Magna Steyr to take over Boxster and Cayman production after the contract with Finland's Valmet Automotive expires in 2011. Porsche states the Austrian enterprise secured the contract because it submitted the most financially attractive offer, and because it is in a position to take on development tasks for Porsche sports cars.
Holger P. Hà¤rter, Deputy Chairman of Porsche SE, and as Chief Financial Officer responsible for the allocation of commissioned production, comments: 'Over the last eleven years, Valmet has built more than 200,000 sports cars of outstanding quality for us. Our decision not to continue our successful cooperation is in no way a vote against Valmet. Rather, it was the high development capacity and competence
Holger P. Hà¤rter, Deputy Chairman of Porsche SE, and as Chief Financial Officer responsible for the allocation of commissioned production, comments: 'Over the last eleven years, Valmet has built more than 200,000 sports cars of outstanding quality for us. Our decision not to continue our successful cooperation is in no way a vote against Valmet. Rather, it was the high development capacity and competence