VW Trims Touareg, Porsche Cayenne and Audi Q7 SUV Production as Demand Falls

The deteriorating business environment caused by the financial crisis is forcing car makers on both sides of the pond to proceed to more cuts in production of models that aren't selling as they used to. Volkswagen will reduce its output of the VW Touareg, Porsche Cayenne and Audi Q7 premium SUVs at its Slovakian plant in the city of Bratislava by at least 10 percent for the remaining of the year. -Continued

The German automaker said that about one-third of the Slovakian factory's 8,500 employees will be forced to work shorter shifts until the end of 2008 while the plant will close a week earlier than usual this Christmas.