Porsche in Hungary (18-12-2008)
In 2008 Porsche Hungaria expects to sell around 35,000 cars as opposed
to the figure in 2007 which was closer to 40,000. Managing Director of
Porsche Hungaria, Janos Eppel, was answering probing questions at a press
conference. He also projected that in 2009 they may only sell around 28,000
Porsche Hungaria has approximately 120 dealerships involved in selling
or servicing Porsche cars in Hungary. Some of them also sell the main
Volkswagen Audi Group (VAG) brands such as Audi, Skoda, Seat and VW.
The financial crisis has hit the Porsche dealerships hard in Hungary and
is is expected that some of them may have to close(possibly up to 10 percent)
with the related loss of jobs. It is reported that moves will be made
to try to merge some of the dealerships to try to cut the overheads involved
in a Porsche dealership
It is hoped that with financial and managerial assistance from the Porsche
and VAG groups the damage that the financial crisis can be limited.