According to the latest reports, it appears that Porsche has finally approved plans to develop a small sport-utility vehicle dubbed Cajun. Apparently, the German manufacturer approved this new car in order to boost its annual sales.
Sources confirmed the fact that Porsche’s supervisory board today signed off on the new model. In addition, Porsche also released an official statement in which confirmed its new model.
The new car is described by the German manufacturer as an attractive entry model in the Porsche world, with the well-known features: light weight, ease of handling and agility.
The new model will attract new and even younger customers to the premium brand, and will take on cars such as the Mercedes-Benz GLK, Bmw X3 and Audi Q5.
With this new model, Volkswagen hopes to sell over 150,000 vehicles by 2014. Analysts also expect the Cajun model to share many parts and components wit the Audi Q5 crossover.
"During its meeting today, the Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, laid the foundations for continuous and successful growth of the company.
The Supervisory Board instructed the Board of Management to drive forward the development of a further model series up to series production" stated the press release.