Porsche plans to develop sub-918 mid-engine sports car

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Porsche AG (Xetra: POR3) (FWB: POR3), a Germany-based automaker, is planning to develop sub-918 mid-engine sports car, according to CEO, Matthias Muller.

The vehicle is to fill the gap between the 911 and the new range-topping 918 Spyder. Muller stated that the unnamed vehicle is to be priced between €300,000 and €400,000.

If the automaker approves the production of the vehicle, then it is likely to be launched as a concept vehicle in 2015.

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