Budget Porsche Under Consideration

Porsche and Budget are two words that can hardly be put together but the recession hit economy has led the luxury car makers to re-evaluate its product line. Porsche is now considering launching a budget model of its luxury cars which is smaller than Porsche Cayenne. It will be a 4x4 model pitted against Audi Q3 and new BMW X1.

The new Porsche model will be closer to Volkswagen’s Bluesport model powered by 2.0L diesel engine. Wolfgang Duerheimer Head of development told a German magazine that Porsche has placed the project" on ‘top priority’. It intends to create a model significantly cheaper than the Boxster.

Currently the cheapest Porsche available is Boxster priced at US$67,778 or Rs. 31.88 lakh. Porsche has joined hands with Volkswagen earlier in August this year. This merger will enable both the companies to reduce costs and create the car under consideration. Porsche has been experiencing slump in sales since past few months but now believes that the worst is over and the future is more optimistic. Porsche is yet to make any official confirmation and the overall concept is still purely in the realm of speculation. However, it does make sense to produce a car that meets tight fuel economy requirements.

• Porsche Cayenne inspires Lamborghini to develop SUVs           February 08, 2012
• 2012 Porsche Boxster’s first images unveiled, global launch scheduled for April           January 14, 2012
• Porsche India strengthens its dealer network with opening new outlet in Bangalore           December 15, 2011
• Porsche grows strong in China's premium SUV segment           November 24, 2011
• Porsche plans to open an Experience Centre in Los Angeles           November 23, 2011
• Porsche aims to double its global sales to 2 lakh units by year 2015           November 16, 2011
• Porsche Centre inaugurated in Ahmedabad           November 15, 2011
• The all-new Porsche Carrera S revealed at Dubai International Motor Show           November 15, 2011
• Porsche aims for triple-digit sales in Gujarat by 2012           November 11, 2011
• Porsche inaugurates new dealership in Ahmedabad, expecting over 100 bookings from Gujarat           November 10, 2011
• Porsche brings out the 2012 911 GT3 RSR           November 09, 2011
• Porsche to unveil two new car models at Los Angeles Auto Show next week           November 08, 2011
• Seventh generation Porsche 911 Carrera unveiled at Frankfurt Show           September 14, 2011
• Porsche starts selling Carrera and Carrera S models in India           September 05, 2011
• All new 997 Porsche 911 to be launched at the Frankfurt Motor Show next month           August 22, 2011