Porsche yesterday announced it plans to invest $200 million in its research and development center in Weissach, Germany.
The investment will include building an advanced wind tunnel, a state-of-the-art design center, and an innovative electronics integration center. Porsche is also planning to add about 100 new jobs once the renovation is completed. The center currently employs about 3,000 people.
"The new system will help us to maintain Porsche's top position in the fields of aerodynamics and design and to further extend our lead. Outstanding design with optimal aerodynamic efficiency have always been classic Porsche strongholds," says Wolfgang Durheimer, Porsche AG board of management member for research and development.
According to Porsche, the remodeled facility will offer more space for Porsche designers and for Porsche customer development. Several departments that are currently in separate areas will be bundled into the electronics integration center, the company said.
It is rumored that one of the first projects at the remodeled facility is to be a production version of thehybrid.