Rumored for a very long time now, the future Porsche Baby Boxster has been confirmed for the first time by Volkswagen’s chairman, Martin Winterkorn. In an interview with AutoCar he said: "The Porsche model range is firmly based on the 911, Boxster, Cayenne and Cayman, and it will stay that way. We are also investigating opportunities for a smaller sports car and a smaller SUV - but I cannot say more at the moment."
Known as the "new 356", the new model will be built on a new steel and aluminum platform that will also be used for the future Audi R4 (that has also been confirmed for June 2011). New for the 356 will also be the engine, a forced induction flat four that is currently under development and that will deliver a total of 250 HP.
However we will not see the car before late 2012.