Porsche CEO: Entry-level roadster plans depend on economic downturn

We’ve been hearing about a Porsche baby roadster for a while now – but today we have some sad news for those that were eagerly awaiting its arrival. According to Porsche CEO Matthias Mueller, Porsche’s decision to build an entry-level roadster will depend on the global economy.

Mueller said that the decision depends on how the global economic situation pans out, particularly in relation to the automotive industry. He said that even if Porsche decides to go ahead with the car, sales won’t begin until 2014, or later.

“The financial crisis is real and we need to see how far it develops into an economic crisis develops,” said Mueller “If this happens and it leads to a cooling of the auto industry, then this would certainly impact our strategy.”

The entry-level roadster would be a successor to the 550.

– By: Omar Rana

Source: Automotive News