Porsche likely to kill electric Cayman before launch

• We had previously reported that Porsche would develop an internal combustion engined Cayman on the platform the company had intended to be electric only

• Rumors out of Germany go a step further, hinting that the electric Cayman program may be cancelled before it launches

• Volkswagen group and Porsche remain in a tough cash position due to poor decision making around electric vehicle investments

• When new Cayman launches it is more likely to be a performance-oriented hybrid like the 911 GTS than an EV