Porsche seeks younger customers with cheaper SUV

Newswire

FRANKFURT, Nov 29 (Reuters) - German sportscar maker Porsche AG is planning a cheaper four-by-four model to attract younger customers. The carmaker gave the go-ahead on Monday for the Cajun, expanding its range of sports utility cars beyond the Cayenne model. Prices for the Cayenne, developed in conjunction with Volkswagen , start at about 55,000 euros ($72,300). Holding company Porsche SE said earlier it expected a positive result for the fiscal year 2011. [ID:nWEA4846] (Reporting by ...

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