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LEIPZIG (dpa-AFX) - Porsche will build a second SUV model at its Leipzig plant. The Executive Board and Supervisory Board have now decided to produce the vehicle, known internally as the M1, at the Saxony plant, Porsche announced. It is scheduled to roll off the production line at the end of the decade. The "Leipziger Volkszeitung" newspaper had previously reported on this.
The new model is to be launched as a combustion engine or plug-in hybrid. Alongside the electric Macan, it will be the second SUV-style vehicle from Leipzig.
"By awarding the contract to the Leipzig site, we are further strengthening the competitiveness and flexibility of the location," explained Albrecht Reimold, Member of the Executive Board for Production. Plant manager Gerd Rupp spoke of a strong signal for Leipzig.
Details on possible investments in the plant and a more precise timetable could not be given at this time, according to the report. Porsche currently builds the Panamera and Macan models in Leipzig.
