Porsche: New entry-level model in the works?

Wednesday, October 08, 2008

Porsche: New entry-level model in the works?

A Porsche executive has hinted towards a new entry-level model.

Porsche's finance chief Holger Härter has revealed that management at the carmaker’s Stuttgart headquarters is considering developing a new entry-level model together with Volkswagen, and that a formal proposal will be submitted within weeks. The proposal is being undertaken in conjunction with the finance arm of VW, and according to Härter both companies "will probably decide on this model this year."

Speculation as to what this new entry-level model will entail has been circulating for months, with conflicting reports hinting everything from a sporty hatch to a compact SUV.