Porsche Panamera could get baby bro

Porsche looks likely to continue its expansion into lower price brackets with a smaller sedan that slots beneath the company's first and only sedan to date, the Panamera.

German magazine Autobild reports that the sedan is codenamed Pajun and will compete head-on with the Mercedes-Benz E-Class and CLS. It's also speculated that it will cost between 65 000 and 100 000 euros (R674 000 and R1 037 000) in Europe - the current Panamera sells for between 77 446 and 168 987 euro.

New sedan will slot below the Panamera (pictured here).

However, when Reuters followed the story up with Porsche spokesman Hans-Gerd Bode, he told them that there were many ideas for a sixth Porsche model but that no decisions had been taken yet.

Auto Bild also reports that the Pajun would be launched by 2017, and that there will be a choice of four six-cylinder engines comprising three petrols with respective outputs of 236kW, 309kW and 383kW and a 230kW diesel.