Porsche has canceled the contract with Magna

Porsche cancel the contract with Magna to produce Cayman and Boxster models. Porsche said it had canceled the contract with Magna, which from Austrian firm to produce the next generation Cayman and Boxster models.

VW Group CEO, said Magna is pleased with the cancellation of this agreement, you can see clearly that future Cayman and Boxster will be produced in Austria due to the new relations existing between Porsche and Volkswagen.

Car manufacturer Volkswagen Group wants revival Karmann and production Cayman and Boxster models is a first contract for them.