Porsche’s VW takeover puts Audi R4 on hold
Development of the much-rumored Audi R4 sports car is unlikely to go ahead, according to German media reports. Porsche, which is planning to take over Volkswagen (Audi’s parent company), is reportedly concerned the mid-engine R4 will harm sales of its Cayman and Boxster.
Last week, an Audi spokesperson told trade publication Automotive News the R4 was not in the company’s product plan. The statement marked the first time an Audi representative has ever mentioned the R4.
In March, an internal production roadmap leaked from Audi, revealing the R4 was planned as a 2011 model. Constant rumors for the past 17 months also confirm the R4 was, at least at one time, on the drawing board.
Porsche is expected to expand its 31 percent stake in Volkswagen to 51 percent or more, giving it complete control of the company. Executives from both sides have insisted the two companies will remain separate, but the demise of the R4 might be the first evidence this is not entirely true.
Like the R8, the R4 was expected be a two-seater with a mid-engine configuration. The base model would have at least 200 horsepower, and pricing would start around 40,000 euros. The car would be contracted of aluminum and steel, weighing around 2,600 lbs. High performance models with power between 280 horsepower and 350 horsepower are also likely, the magazine said. It would compete with the Porsche Cayman and Boxster.
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