Budget car, a top priority for Porsche

We told you this week that Porsche is planning to build cheaper and smaller vehicles. This fact remained unchanged but today we found out something else: the German manufacturer is now a step closer in producing its own version of the Volkswagen Bluesport Concept unveiled in January at the Detroit Auto Show.

For those who don’t know, the Bluesport is a two-seater, mid-engined roadster, powered by a 2.0-litre diesel engine which promises to make quite a buzz if will be produced. The new model developed by Porsche will be cheaper that the Boxster and according to our sources it represents a top priority for the firm.
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_43LE - 10/7/2009 2:33:11 PM

+3 Boost

Platform sharing does have some risks, especially in this market segment.

DaHarder - 10/7/2009 2:50:12 PM

+4 Boost

Can we first define what is truly meant by the term - Budget Car?

Joe_Limon - 10/7/2009 3:01:09 PM

+2 Boost

Again, title should have been "Budget Porsche, a top priority for VW"

Anthony - 10/7/2009 3:14:43 PM

0 Boost

Porsche has the highest profitability of all the manufacturers out there. I doubt they are too worried about rushing a cheaper product to the market.

Joe_Limon - 10/7/2009 3:30:56 PM

+3 Boost

did you miss out hearing about them running out of money and how they needed vw to buy them out for less then the loans they took out?

Anthony - 10/7/2009 3:45:57 PM

+2 Boost

No I did not miss the news, however you obviously missed the common knowledge that per car, Porsche makes a higher profit than any other automaker. My point was that why would Porsche want to dilute their image with a car like this?

dlin - 10/7/2009 3:55:56 PM

0 Boost

I'd rather my stimulus money goes to them than to the GM. At least I know Porsche will pay it back!

LauderdaleDriver - 10/15/2009 4:16:03 PM

+1 Boost

As for the GM stimulus comment, VW, who just bought Porsche out of insolvency, has a significant state ownership share. Unions sit on the board.

What's your point?

LauderdaleDriver - 10/15/2009 4:18:43 PM

+1 Boost

All of the "luxury" brands are going to have to adapt to a world where leasing is not as prevalent, and Americans are saving money, and living within their means.

There will be cheaper Benz, Lexus, BMW, Cadillac, and on and on.

Mid-range vehicles like Buick and Acura may do very well in a more "restrained" market.

Type707 - 10/8/2009 8:42:08 PM

+2 Boost

Budget Car: List price---10,000 - 30,000 bucks. Now is Porsche willing to that low?