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Cars

Porsche Is Working on a New Supercar More Expensive Than a 911

Porsche is renewing a focus on higher-priced cars, and that could also include a bigger SUV.

By Erik Shilling

4 minutes ago
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Photo: Sotheby’s Sealed

Porsche has been struggling lately, at least from certain perspectives, in that its profits have not been what executives have demanded, blamed in part on big investments in EVs. Enter more expensive Porsches, including, most excitingly, possibly a replacement for the legendary 918 Spyder supercar. Porsche is also looking at building a three-row SUV that would sit above the Cayenne in its lineup, like a replacement for the 918 Spyder would sit above the 911. Specifics, at this stage, are hard to come by, but Porsche’s CEO confirmed at a conference that the company’s interest in the new cars is more than just passing. “We are looking at models and derivatives both above our current two-door sports cars and above the Cayenne,” Porsche CEO Michael Leiters said, according to Car and Driver. The new SUV has been speculated about for years now, and in 2023, it was thought that the car—codenamed K1—was an all-electric three-row SUV built with off-road..

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