Although it was already speculated, Porsche is indeed working on developing a small SUV to go up against the likes of BMW’s X3 and the Audi Q5. It has also been officially announced it will be called the Porsche Cajun.
Porsche hopes the new SUV will further increase sales volumes, with a lower entry price potentially attracting younger buyers. Design goals for the vehicle include “light weight, ease of handling and agility,” according to the official release. The Cajun is expected to share a platform with the Audi Q5, though it will be styled with an eye toward sportier themes and priced roughly five to ten percent higher than the Audi.
Reports say the new model will hit the market by 2014 and come with a range of engines.
