Porsche has finally confirmed its plans to launch a small SUV that would offer buyers a cheaper alternative to the Cayenne.
The car - currently dubbed the 'Cajun' - would be aimed at attracting younger buyers to the Porsche brand, and is expected to share a platform with the Audi Q5.
The project has been a long rumoured part of Porsche's future model plans, but the Cajun wasn't a guaranteed production reality until the company's supervisory board approved the venture.
"Under the working name "Cajun", this efficient and sporty model will further expand the world's most successful Porsche segment in the SUV sector," an official statement said.
The head of Volkswagen design, Walter da Silva, is rumoured to have taken a lead in the car's development. The manufacturer was keen to stress that it believed the model's "light weight, ease of handling and agility" would make a positive impression on the premium market.
Given the overwhelming sales success of the Cayenne, Porsche is looking to the new Cajun to help it pursue an ambitious target of eventually doubling its annual sales.