Porsche boss Wendelin Wiedeking has denied rumors that there’s a new Porsche SUV in development positioned below the Cayenne. Speaking at the general meeting in Stuttgart on Tuesday, Wiedeking said that there will be “no baby Cayenne” and that all focus is centered on the successful launch of the new Panamera four-door sport-coupe for 2009.

Last month, Germany’s Autobild reported that Porsche was building a new SUV based on the platform developed for the new VW Tiguan and Audi Q5, and even proposed that it could be called the ‘Roxster’.

Wiedeking has previously mentioned that he’d like to see further utilization of the new production facilities being set up to accommodate the Panamera, so we may still see a new model from Porsche. This will most likely be a front-engined GT Coupe running a shortened Panamera platform, a true successor for the original Porsche 928.