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Europe: Porsche Panamera to Get Plug in Model for 2014

WOLFSBURG, Germany — Porsche AG will build a plug-in hybrid version of the Panamera sedan starting in 2014, sources familiar with the situation said last week.

The plug-in hybrid likely will come to the United States, but the timing is unclear, a source said.

Volkswagen AG, which owns 49.9 percent of Porsche’s sports car business, will roll out plug-in hybrid versions of the Audi Q7 crossover and European-sold VW Passat starting in 2014 or 2015, a source said.

The next-generation Audi A3 also will get a plug-in hybrid variant in 2014, Audi CEO Rupert Stadler told reporters this month at the Geneva auto show.

Rudolf Krebs, VW’s group chief officer for electric traction, said last week in an interview, “We are really convinced that the future of hybrids won’t be pure hybrids, but the plug-in hybrids.”
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