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Porsche 550 Spyder Development Might Be Put on Hold

Looks like this, but with Porsche badges 1 photo
Photo: Volkswagen
Back in July, Porsche confirmed they were indeed working on the resurrection of the 550 Spyder name, which would come in the form of a two-seater sportscar to serve as a new entry-level model when it hit the market in 2014.
However ambitious Porsche’s future growth targets might be, their financial and corporate analysts are still keeping an eye on the state of the global economy. According to Auto Week, the entry-level roadster might actually be hanging in the balance right now, even though it’s supposed to be the cheapest model they offer.

"The financial crisis is real and we need to see how far it develops into an economic crisis develops,''
CEO Matthias Muellertold the Financial Times Deutschland in an interview published Monday, November 14th. "If this happens and it leads to a cooling of the auto industry, then this would certainly impact our strategy."
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About the author: Mihnea Radu
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Mihnea's favorite cars have already been built, the so-called modern classics from the '80s and '90s. He also loves local car culture from all over the world, so don't be surprised to see him getting excited about weird Japanese imports, low-rider VWs out of Germany, replicas from Russia or LS swaps down in Florida.
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