New Porsche to Take On Mercedes CLS
Tags: Porsche, Panamera

Porsche’s management in Stuttgart recently announced it is in development of a new “4-door coupe” model. The new car is expected to be molded along the lines of the Mercedes CLS, although it won’t necessarily compete with it as the Porsche “Panamera” is expected to start at upwards of $125,000. It should be released as a 2009 year model.
After proving successful with the Cayenne, this could be exactly what Porsche needs to diversify their model lineup. Who knows, Porsche might even hit us with a huge flagship luxury sedan in the next few years.