Porsche has terminated central orders with Weber Magdeburg GmbH, a German automotive supplier based in Saxony-Anhalt, effective through September 2026.
The decision places approximately 140 jobs at immediate risk and has raised concerns about the supplier's solvency, according to reports from Welt.
Handelsavisen has previously reported that Volkswagen is preparing to eliminate up to 100,000 jobs globally and shutter four of its German production plants.
The loss of business from the Stuttgart-based sports car manufacturer represents a severe blow to Weber Magdeburg, which relies on major OEM contracts for its operational viability.
With the partnership ending, the supplier faces a critical liquidity gap that could precipitate insolvency proceedings if alternative revenue streams are not secured quickly.
This development occurs against a backdrop of significant consolidation and restructuring within the Volkswagen Group ecosystem.
Handelsavisen has previously reported that Volkswagen is preparing to eliminate up to 100,000 jobs globally and shutter four of its German production plants.