Porsche rules out US factories even as Audi invests $4 billion in Georgia

Porsche will keep building all its US-bound models, including the Cayenne, in Europe, CFO Jochen Breckner said, citing low production volumes and reliance on European suppliers. The decision comes days after Audi committed $4 billion to a Georgia factory. Breckner said Porsche assumes the 15% US tariff on most European cars will stay in place.