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The Porsche Boxster is getting ready to receive a smaller brother, which will be significantly cheaper, lighter and less powerful.

The announcement hasn’t been made official just yet, but according to a recent report published by the French automotive media, the model in question might be named the 718, just like the iconic racing car made between 1957 and 1962. In order to keep its price down, the upcoming Porsche 718 will adopt the same platform as the roadster but it will drop some weight off it.

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