Pursuits
Porsche Board Set to Approve $640,000 Spyder Supercar
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Porsche SE’s supervisory board is set to approve the production of its 918 Spyder hybrid sports car at a meeting next week, according to two people with direct knowledge of the matter.
Porsche plans to develop the vehicle at a research facility in Weissach near Stuttgart, Germany, and build it at the main plant in Zuffenhausen, said the people, who asked not to be identified because the information is confidential. The July 28 board meeting may also discuss Porsche’s financial performance for the year ending July 31, they said.