Porsche CEO confirms Ferrari competing model, brand going for 7 model lineup

As of right now, the most expensive Porsche in the brand’s lineup is the $845,000 918 Spyder, which will enter production next month. However, below the 918 Spyder is huge gap until you get to another extreme Porsche model – the $245,000 911 GT2 RS.

Porsche CEO Matthias Mueller is now planning to fill that gap with a new model that will compete directly with Ferrari.

“It always irritated me that the (most expensive) 911 tops out at 250,000 euros ($360,000) and then the 918 continues starting at 750,000 euros,” Mueller told the German daily newspaper Sueddeutsche Zeitung. “In between, Ferrari cavorts around relatively comfortably and without any competition. That is where we need to be. There is still space for a larger sports car, one like the 959 that we built in the 1980s.”

Mueller said that the Ferrari competing model could start around 250,000 euros to 400,000 euros.

Porsche has plans to have a 7 model lineup, up from the current 4. The move is part of a goal to increase sales to more than 200,000 units by 2018, up from 97,000 in 2010.

Porsche 918 Spyder (Production Model Sketches):

  

Porsche 918 Spyder Concept:

   

– By: Omar Rana

Source: Automotive News