Porsche will reduce investment spending and cut costs next year to offset lower-than-expected car sales and maintain its high profitability. "We will possibly delay the one or the other project," Porsche CEO Matthias Mueller said on the sidelines of the production launch of the new Boxster.
Mueller said Porsche's vehicle sales next year could be between 5-10 percent below the company's internal target, but they should still be on par with the number sold in 2012.
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