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news.google.comPorsche will continue offering the 911 with combustion engines and hybrid options. The company said it overestimated electric-vehicle demand.
The German automaker announced the closures of Cellforce Group, Porsche eBike Performance and Cetitec on Friday, with more than 500 employees set to lose their jobs. CEO Michael Leiters cited the need to refocus on core business as part of a strategic realignment first outlined i…