Porsche planning a new sedan to rival the Mercedes-Benz E-Class

Article by Christian A., on May 10, 2012

Is Porsche out of its mind? It appears that it is, as the German carmaker known for its 911 sports car, wants more money and seeing the impressive sales of the Cayenne and Panamera, Porsche decided to make a new car. The new vehicle will be a smaller version of the four-door Panamera and it will introduce it by 2017.

Dubbed Pajun (Panamera Junior), the new car will take on the Mercedes-Benz CLS but also with the E-Class. According to AutoBild, the Porsche Pajun will have a starting price of 65,000 euros ($84,100), while the most expensive version will cost 100,000 euros ($129,000).

As usual Porsche denied the new car and spokesman Hans-Gerd Bode told Reuters that the manufacturer has many ideas for a sixth model, but no decisions were taken.

Porsche CEO Matthias Mueller already told that a new model will help the company to achieve its goal of increasing annual sales to 200,000 vehicles. Porsche currently builds the 911, Boxster/ Cayman, Cayenne and Panamera. The Porsche Macan will enter production next year.

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