A report from the Auto Giant Porsche confirms that they are working on a new sedan that will be smaller than its Panamera. The new sedan is said to have been based on the VW MLB platform and will be called as Porsche Pajun 2016 which is basically a contraction of Panamera and Junior. This new sedan will be the seventh model in the Porsche lineage, sixth one being the upcoming Macan crossover. The new sedan will house a powerful V6 engine as compared to the flat-6. Both hybrid and diesel variants are also expected. These new vehicles are ought to build up a new future with vehicles like 911s and Caymans.