Following BMW, Porsche is moving its production facilities to the USA

The management of the German automaker Porsche decided to build a plant in the United States. Entrepreneurs from Germany are attracted by subsidies allocated by the American government for business development in their country.

Porsche has abandoned plans to build a solar cell production plant, the Cellforce Gigafactory, in Baden-Württemberg. Instead, the plant will be opened in the United States, where the Germans can count on a subsidy of $2 billion. In Germany, businessmen have the right to receive only $800 million.



However, according to the Frankfurter Allgemeine Zeitung newspaper, other German automobile and other companies are also eyeing the United States as the most favorable place for the development of enterprises.

Thus, in South Carolina, an assembly shop is being built by the BMW concern. Audi is also thinking about moving production to the United States. The head of the company, in an interview with FAZ, noted the high attractiveness of the United States as a place for the development of entrepreneurial initiative.

The transfer of capacity from Germany to the USA is not surprising, since Germany is experiencing a decline in production caused by a number of political и economic reasons. According to Bloomberg, Germany's days as an industrial power are almost numbered.