UPDATE 1-Porsche recalls all Panameras in embarrassing move

Newswire

* Roughly 11,300 units may have faulty seatbelt tensioners * Inflicts damage to reputation of new Porsche CEO, too * Shares fall 3 pct amid weak auto sector index (Adds details, background) FRANKFURT, April 27 (Reuters) - Performance sports car maker Porsche AG's sterling reputation for quality took a severe dent on Tuesday, when it recalled every Panamera it built only months after the model line was launched to much fanfare. The announcement comes on the heels of a quality ...

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