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Text Courtesy Porsche
Announcement dated 26/2/05

The new Porsche Boxster Coupe, scheduled for spring 2006, will be called Porsche Cayman. The World Premiere for the Cayman is all ready for autumn of this year at the IAA in Frankfurt, Germany. Major difference of the Cayman to the current Boxster is the coupe body to be more rigid, which results in more precise and better handling. As for the engine part, only the 3,2 liter six cylinder engine of the Boxster S model will be available in the beginning. (Rumoured to also have a 3.4 in the works for the Cayman S) The cockpit and equipment would have no considerable differences to the roadster.

The world's most profitable carmaker, will introduce the Cayman to reach a goal of selling 100,000 vehicles a year by 2008. The Cayman, based on the Boxster model series and powered by a 295-horsepower engine, will be positioned between the Boxster S and 911 Carrera cars.

Juergen Pippig, a spokesman, declined to say how many Caymans Porsche plans to sell or how much the car will cost. Chief Executive Wendelin Wiedeking has boosted Porsche's earnings 10 years in a row, helped by new models including the Cayenne sport-utility vehicle and the Boxster, which first went on sale in 1997. The company last year rolled out new versions of the Boxster and 911 to fend off competition from BMW AG's Z4 and Mercedes SLK models. The Cayman is named after a small member of the crocodile family and represents the car's "strength and agility," the company said.

The model will be introduced at this year's Frankfurt car show. The Boxster in Germany is priced at 43,068 euros ($56,900), including value-added tax, and the 911 starts at 64,700 euros. The Cayman will be priced between the two models, Porsche said today.