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Porsche plans 'better Ferrari'

2012-10-24 11:09

STUTTGART, Germany - Porsche is planning to up its game in an attempt to beat Italian rival Ferrari with a luxurious sports production model.

The automaker's Matthies Mueller told German newspaper Handelsblatt: "An extremely light mid-engined sports car could fill the gap between the 911 GT2 RS and the 918 Spyder."

MORE EXPENSIVE

The model would be priced at between the euro equivalent of about R3.4-million and R4.5-million, which is more expensive than the 911 GT2 RS which carries a price sticker of about R2.7million.

The much-vaunted 918 Spyder, which isn’t ready yet, is expected to sell for the equivalent of R8.5-million.

Porsche's plans for a car in the lucrative "Ferrari segment" date back some years but the profit margin is large, although production would probably be limited to only a few hundred units a year.

Porsche aims to boost annual sales to around 200 000 by 2018, fuelled mainly by volume models such as the Cayenne.

DPA

Comments
  • chris.krige - 2012-10-24 14:40

    Im sure its ground brakingly fantastic, but it looks alot like a Ferrari 360 Modena from the front

      Jango - 2012-10-26 14:06

      Except the engine won't catch on fire...

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