2014 Porsche 550

Volkswagen’s predicted domination of the automotive world just launched its next attack with three production versions of the Volkswagen Bluesport concept. According to Volkswagen, the BlueSport will see three different levels of performance illustrated in three different badges: Volkswagen, Audi, and Porsche. It can go without saying that the Porsche model will be the most powerful and, up until now, it was just known as the "baby Boxster." Well, that baby Boxster has finally been named. Say hello to the future Porsche 550.

The "550" name was first used in 1953 when Porsche unveiled a sports car inspired by the legendary 356. At that time, the 550 was not considered a successor for the 356, but Porsche’s future 550 will more than likely carry that title. The new 550 will be the first model to be built on Porsche’s new sports car architecture and will be offered with a mid-mounted, turbocharged 1.6-liter engine that will deliver around 200 HP. This engine will be mated to a dual-clutch seven speed transmission.

The future 550 will be launched in 2014 and, on the European market, will be priced about €8,000 ($11,500 at the current exchange rates) less than the current Boxster. That difference accounts for about 20% of the current Boxster’s price tag, which means our fellow Americans will have to pay about $38,000 to purchase it.

UPDATE 09/30/2011: British magazine CAR reports that the upcoming Porsche 550 will feature a new trademark horizontally opposed four-cylinder engine developing a total of 210 HP and 215 lb-ft of torque. If Porsche decides to create a more powerful version for the 550, that would mean it will use a 2.5 liter flat four turbo engine that delivers a total of 360 HP and 350 lb-ft.

Stay tuned for more details on the 2014 Porsche 550.