As predicted by AutoSpies.com...
Porsche is set to develop its eagerly awaited fourth model line -- already named the Panamera -- by itself rather than seek a partner, industry sources say.
That would mark a departure from its strategy with the sport utility vehicle Cayenne, which it developed with German rival Volkswagen and which VW makes in raw form in Slovakia before handing over to Porsche for final assembly in Leipzig.
Porsche says it will await the Frankfurt car show in September to reveal its hand for the fourth line, but industry sources said last week there was little doubt it would proceed with the plan it has kicked around for more than three years.
"The fourth model line is coming," one executive said. "Porsche would lose face if the fourth model line does not come on to the market."
Much is at stake for the new model that would complement the classic Porsche 911 sports car range, the mid-engine Boxster roadster and the Cayenne, which has been a smash hit since its launch in late 2002.
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