DETROIT — Some industry observers still question why Porsche AG is entering the sport/utility vehicle (SUV) segment, but the company says an SUV will increase competitiveness, sales and revenue. “(SUVs) are the only segment still growing worldwide,” says Hans Riedel, executive vice president for sales and marketing at Porsche AG. Porsche is developing the SUV with Volkswagen AG and will debut its version in 2002. The E1, as it's codenamed within the company, will embody all the things for ...
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