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Stock impact report

Porsche Signals Possible Supercar Above 911 as Part of Long-Term Strategy [Yahoo! Finance]

PORSCHE AUTOMBL UNSP/ADR (POAHY) 
NASDAQ:AMEX Investor Relations: porsche-se.com/en/investor-relations
Company Research Source: Yahoo! Finance
Porsche may be preparing to expand its lineup with a new high-performance sports car positioned above its current two-door models, according to comments made by CEO Michael Leiters during the company's annual press conference. While summarizing what the automaker described as a difficult financial year, Leiters outlined plans to broaden Porsche's portfolio in higher-margin segments. As part of that effort, the company is evaluating new models that would sit beyond its existing two-door sports car range and above the Cayenne SUV. The reference to vehicles beyond Porsche's two-door lineup has fueled speculation about a future flagship sports car. The company's current performance offerings include the 911 as well as the 718 Cayman and Boxster, making any product above them a significant step up in performance and exclusivity. Such a model could serve as a halo vehicle similar in spirit to earlier high-profile projects like the Carrera GT or the 918 Spyder. Another possibility is Show less Read more
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