Porsche planning Ferrari F12 rival

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IOL mot oct23 porsche 918 spyder . The new sports car is likely to take inspiration from the Porsche 918, depicted in this sketch.

Porsche is considering creating a luxurious sports new sports car to lure customers away from Ferrari.

Porsche chief Matthias Mueller told the Handelsblatt economics newspaper that such a car would plug the gap between the 911 GT2 RS and the 918 Spyder.

Muller added that the mid-engined sports car would also have an extremely low kerb weight.

The car is expected to cost between around 250 000 euros (R4-million) which is substantially more expensive than the 911 GT2 RS.

The much-vaunted 918 Spyder, which is not yet ready, is expected to sell for around 750 000 euros (R8.5-million).

Porsche's plans for a car in the lucrative “Ferrari segment” go back some years. The profit margin for such exclusive cars 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 vehicles by 2018, fuelled mainly by volume models such as the Cayenne and new entrants such as the Macan compact SUV. -Sapa-dpa & IOL

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