Reuters
Business
Porsche CEO drops plan for entry-level model: report
Sat, May 12 05:40 AM EDT

BERLIN (Reuters) - German sports car maker Porsche (VOWG_p.DE)(PSHG_p.DE) has dropped plans to build a two-seater vehicle which would have been smaller and cheaper than its Boxster model, Stuttgarter Zeitung reported on Saturday, citing Chief Executive Officer Matthias Mueller.


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