Unlike most major auto manufacturer, Porsche doesn't think the market for hybrids will be very big and has decided against producing the hybrid Panamera executive sports sedan according to Fast Lane Daily.
The hybrid Cayenne SUV was due to come out in 2010, but now the German car company isn't so confident North America will produce a big demand for hybrids and that it wouldn't be economically viable or worthwhile to continue with plans.
Considering Porsche is one of the world's most profitable car companies, the decision could have a major impact on other manufacturers and consumers.
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