Porsche to launch new turbocharged boxer-four engine

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Porsche AG (Xetra: POR3)(FWB: POR3), a Germany-based automaker, is launching an all-new turbocharged boxer-four engine within the next 12-months, according to a new report.

The vehicle is to be launched at the 2013 Frankfurt Motor Show, scheduled for this autumn.

Flat-6 News has reported, citing unnamed sources, that the automaker is equipping the downsized engine in its Boxster and Cayman models by the spring of 2014. According to certain sources, the engine is based on the 3.8-litre flat six-cylinder engine, but will displace 2.5 litres and is to be coupled with a seven-speed PDK semi-automatic transmission.

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