Porsche is set to launch the 718 Cayman.

Albrecht Reimold, the Executive Board Member for Production and Logistics at Porsche AG, made the announcement, along with the introduction of the Cayman successor models.

"The production launch of the Cayman successor models was executed to our full satisfaction. After the successful launches of the new 911 at the end of last year and of the new 718 Boxster in spring 2016, the team in Zuffenhausen also handled this production launch impeccably. This is further proof that our employees work with perfection and passion on a daily basis to enable a very special Porsche experience for our customers," he said.

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Features will include by a newly developed 2-litre, 300 hp engine, with innovative turbocharging, increased torque, and a stylish redesign.

The 718 Cayman will accelerate from zero to 100kph in 4.7 seconds.

According to Independent, it is set to hit showrooms in September.