Porsche is working on a new junior sports car, a sub-Boxster coupe that rivals the Elise. The working title for this project is Project Mimo, which is believed to be at the engineering feasibility stage. But to date, this project has yet to be officially greenlighted. The new entry-level Porsche is loosely named as Porsche 550 and would be coupled with Audi's proposed R5 and Volkswagen's BlueSport.
We get a preview of how this new Porsche 550 would look like from this artist impression. Just recently, Project Mimo (which stands for Mittelmotor, or mid-engined) has just recently been moved from Wolfsburg to Weissach.
New R&D chief Wolfgang Hatz and Porsche engineers are faced with a major challenge to create a common DNA for all three models as well as others that have yet to be named. The VW Group architecture meant for these models is expected to be MSS. Those planning the products are examining Porsche, Audi and VW editions that would probably be in roadster and coupé versions.
Sources said that extras such as Speedster/Spyder/Shooting Brake are a possibility. The staple powerplants are the four- and five-cylinder engines. It will also be offered with rear-wheel drive while for Audi, it will get all-wheel drive. It will likely have manual and seven-speed dual-clutch transmissions, an electric power steering, and an optional brake upgrades ceramic.
Weissach is also considering Magnaride adaptive dampers, according to Car. Porsche 550 will be getting a 1.9-litre flat four. The Audi version would be powered by a five-cylinder engine from the TTS/R. Porsche is making a new trademark, a horizontally opposed four-cylinder for the 550.
The turbocharged versions of the new 1.9-litre could develop 210bhp and 215lb ft of torque. These are considered comparatively modest power outputs for Porsche but weight has to stay low. Porsche will also make sure that its product is still easily identifiable and is distinct. The mid-engined Audi will probably deliver about 340bhp as it doesn't have a Cayman/Boxster to look after.