Volkswagen AG CEO Martin Winterkorn said a new Porsche small SUV will be brought to market soon as part of plans to expand the sports car brand's lineup to boost sales.
Winterkorn said Porsche will get "a new SUV, a smaller brother to the Cayenne which might be named Cajun." He was speaking in an interview with German magazine Der Spiegel that was published today.
Volkswagen is taking over Porsche Automobil Holding SE's carmaking operations as the companies build on a partnership that includes sharing vehicle platforms.
The Porsche Cayenne shares a platform with the VW Touareg and Audi Q7.
Winterkorn wants Porsche to expand its four-model lineup to double sales in the medium term to 150,000 cars and SUVs. Besides a small SUV based on the Audi Q5, Porsche could build a new small sports car.
German press reports have said Porsche could launch sales of the small SUV at the end of 2014 or early 2015.