Porsche raises car prices by 10% if Britain leaves the EU without agreement

Porsche warned its British customers that they would pay a 10% increase if Britain left the European Union without agreement.

The German company is currently asking buyers to sign a clause in the contract requiring them to pay for the potential increase in the price of their cars after March 29th.

Porsche said these measures: precautionary measures in favor of customers prepare them in advance.

10% increase in the price of the Porsche 911 from £ 9,311 to £ 10,224.

The German company belongs to the Volkswagen group, which also owns Audi, Skoda, Bentley, Bugatti, Lamborghini, Seat and Ducati bikes.

Volkswagen did not specify whether other cars produced by Porsche would enforce the increases announced by Porsche.

"It is possible that the price of cars imported into Great Britain increases by 10% after March 29," said the Stuttgart-based company in an email to the BBC.

"So we decided to inform customers, whose requests could come in after the release of the UK from the EU, to allow them to modify their applications as they wish," he said. said Porsche in his letter.

According to the Bloomberg news agency, Porsche has said it wants "total clarity on future relations between Britain and the European Union".

The company said that customers with previous requests for Jan. 17 were not interested in the increase. The company does not have factories in Britain.

Dispel fears

The automobile industry association said it did not want to be dragged behind such problems and did not want to comment on the individual actions of a car manufacturer.

"Import duties are the only ones that increase the price of imported cars in Britain by £ 1,500 if the automaker or sales companies can afford these expenses," said the president of the company. 39, association, Edmund King.

Many motorists have expressed concerns over royalties, which could disrupt production and exports, after Britain's departure from the European Union next month.

But exit advocates downplayed concerns over car imports, citing their position that German companies would struggle to reach one of their biggest markets.

Britain is one of the biggest markets for Porsche cars. The company sold 256,000 cars worldwide last year, including 12,000 in Britain.

The company, known for its red sports car, makes other cars, including the McCann, whose starting price is £ 46,000.