Porsche working on a Porsche-Golf for 2012?

Porsche working on a Porsche-Golf for 2012?
As weird as this may sound, it seems Porsche is working on a Porsche badged Volkswagen Golf for 2012. Now, we know that the Volkswagen Golf is a huge success, but a Porsche version of the car seems like a totally absurd idea; unless of course Porsche is postioning itself to become more mainstream and compete with BMW.

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