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The day Porsche fans have been waiting for has arrived. Matthias Mueller, CEO, Porsche has confirmed company plans to bring an all-new supercar into production. Aiming to annihilate the competition, namely the 458 Italia, the luxury German automaker is planning to situate the new model between the iconic Porsche 911 coupe and limited-edition Porsche 918.

The new Porsche supercar will be cost 250,000-400,000 euros ($360,000-$580,000). As you can probably tell…