Porsche to Reveal Flat-Eight 'S1' Hypercar Amid Deep Cuts
Porsche is reportedly developing a new flagship supercar, internally codenamed 'S1,' which will feature a flat-eight engine. The model is expected to cost approximately €500,000 and may be previewed at the company’s Capital Markets Day on October 7. This move signals a strategic pivot toward exclusivity and high-margin combustion vehicles, coinciding with plans to cut an additional 4,100 jobs and reduce annual production to 200,000 units.