Global shifts force Porsche to halt expansion plans

Business 31 March 2025 09:11

Porsche said it was halting a development plan for a new testing center in Puglia amid a "complicated context" for the auto sector including US President Donald Trump's 25% tariffs on car imports to the USA, CE Report quotes ANSA.

"The Porsche Group has decided not to continue the development plan of the Nardò Technical Center (NTC), the testing center in Puglia managed by Porsche Engineering," said the German sportscar maker.

In March 2024, the Puglia Region suspended the program agreement necessary for the approval of the project, extending this suspension until the end of March 2025".

The Porsche group underlined that "the testing activities will continue to be carried out at the site".

Among the various factors considered, "the current context, increasingly complex, and the changes underway in the automotive sector at a global level had a significant impact".

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Global shifts force Porsche to halt expansion plans

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