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Mike Stevens | Nov, 17 2014 | 2 Comments

Porsche’s rumoured ‘988’, conceived as a rival to the Ferrari 458, is reportedly no closer to production than when it first hit headlines in 2011.

Positioned as a super-premium offering that would sit between the 911 range and the nearly sold-out 918 Spyder hero, the so-called 988 is the dream of Porsche boss Matthias Müller.

The new supercoupe was expected to draw power from a mid-mounted 4.0 litre eight-cylinder engine delivering around 450kW.

That’s enough power to challenge even the top 444kW Speciale version of the 458, although Ferrari is known to be closing in on a launch date for an even more powerful successor to the 458 that would offer closer to 500kW.

A decision on the new Porsche was expected earlier this year, but a new report with British mag Autocar suggests that the 988 remains little more than a dream.

Porsche has yet to offer any official word. Autocar reports, however, that unnamed insiders have confirmed a hold on the new model until development finishes on the new Panamera, which should launch early 2016.

MORE: Porsche 988 Coming To Challenge Ferrari
MORE: 458 Successor To Hunt Down McLaren

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