I didn't see this posted but I wanted the collective "unreal"; can this be true...
http://autos.sympatico.ca/automotive-news/900/farewell-to-the-panamera-and-cayenne
The power struggle between VW and Porsche has come to an end, and with it will come the end of Wendelin Wiedeking's reign as the director of Porsche. Wiedeking was responsible for shifting production at Porsche's Zuffenhausen factory, which formerly manufactured 2-door sports cars, to building SUVs and sedans.
Meanwhile VW chairman Ferdinand Piëch wants to get Porsche back to its basics. As a result, two Porsche products, the Panamera sedan and the Cayenne SUV, will be scrapped and will disappear at the end of their production cycles in 2016.
In the meantime, we may see an entry-level model, based on a VW platform, that will take after the Porsche 356, along with a sports car to be part of the Carrera GT line.