According to our friends over at Motor Authority, Porsche exec Wendelin Wiedeking has officially denied the development of a cute 'ute designed to slot in below the Cayenne. This news is contrary to last month's report from Autobild that Porsche intended to share a platform with the upcoming Audi A5 and Volkswagen Tiguan, dubbing the stillborn model the "Roxster." This most recent news confirms another story reported back in May.

Wiedeking used his opportunity at the podium today to dispel the rumor and to hype the upcoming sports sedan, the Panamera. However, no word from Wiedeking about a successor to the 928 that could conceivably share a platform with the front-engine, four-door sports car.

[Source: Motor Authority]