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Porsche Panamera Sport Turismo returns in these spy shots

Way back in 2012, Porsche got enthusiasts all hot and bothered with the Panamera Sport Turismo at the Paris Motor Show. The concept imagined a hybrid wagon with a shapely rear end. Porsche said at the time production was "possible," but these spy shots indicate the vehicle is actually under development now. Take a close look through the gallery and you'll see that this test car sports some light camouflage at the back, but it does nothing to hide the new rump. Compared to the sedan, the longer roof looks to provide extra headroom for rear passengers, along with a few extra cubes of cargo space. The rear glass sits more upright, and a spoiler visually lengthens the five-door. The wagon's front end is identical to other recent spy shots of the future Panamera. We don't have any technical details about the wagon, but it would likely share powertrains with the sedan. The cabin layout would probably also be identical, including touch-capacitive controls to replace traditional buttons. A Panamera wagon makes sense in the Porsche range. The long-roof version would offer all of the sedan's performance but have a little more room. If a customer with a family doesn't want a Cayenne, this would be the obvious alternative, and the massive 911 range shows Porsche isn't afraid to build a bevy of model variants. If you think a Panamera station wagon seems odd, just remember people thought a Porsche SUV was weird, too. And, of course, that move turned into a huge success for the company. Related Video:

Lamborghini could be sold or spun off from the Volkswagen Group

Volkswagen is reportedly considering a sale or stock listing for its high-end Lamborghini brand. The German automaker is looking to fold the Italian supercar brand into a separate legal entity, reports Bloomberg, which cites "people familiar with the matter" who don't want to be identified "because the deliberations are confidential and no decisions have been made." Any of this sound familiar? The goal of spinning off Lamborghini would be to stockpile more cash and other resources for VW's massive planned push into electric vehicles. Back in March, reports circulated that Volkswagen's "Vision 2030" corporate plan might include plans to focus on the brand's core brands — VW, Audi and Porsche. That means the futures of fringe players like Lamborghini, Bentley, Bugatti, motorcycle brand Ducati and design firm Italdesign (and note this isn't a comprehensive list of brand's under the expansive VW Group umbrella) are up in the air. VW, according to the report, is targeting a market value of $220 billion, which is a big jump from the brand's current $89 billion valuation. Bloomberg pegged Lamborghini's valuation at around $11 billion back in August, buoyed by sales and profits generated by the introduction of the Urus sport utility vehicle. On the flip side, Lamborghini is currently grappling with how best to update its supercar lineup in the face of ever-increasing emissions regulations.

Porsche stalls on Ferrari 458 rival

A few years ago, reports surfaced that Porsche was planning a new supercar. But the latest intel suggests that the plan has been put indefinitely on the back burner.
The project alternately referred to as 960 or 988 was put forth by CEO Matthias Müller shortly after he assumed control of the German automaker. It called for a mid-engined V8 supercar to slot in between the 911 and the 918 Spyder to take on the likes of the Ferrari 458 Italia, McLaren 650S and sister-company Lamborghini's Gallardo and subsequent Huracán.
Now three years since the idea was first mooted, the vehicle has yet to materialize. According to Autocar, Porsche is putting a greater emphasis on refreshing its existing lineup. Which is probably just as well, because the mid-engined supercar would have a heck of a challenge on its hands to differentiate itself in terms of performance from the 911 GT3 and 911 Turbo, which already give the 458 and company a run for their money.