2013 Frankfurt Auto ShowJust the Facts:
- The entry-level Caterham Seven 165 will debut at the 2013 Frankfurt Auto Show.
- The car will be unveiled in "prototype concept form," Caterham said.
- Formal pricing has not been announced, but the company said the "price tag target" is 25,000 Euros or the U.S. equivalent of around $32,910.
FRANKFURT, Germany — The entry-level Caterham Seven 165 will make its debut at the 2013 Frankfurt Auto Show.
The car will be unveiled in "prototype concept form," Caterham said.
Formal pricing has not been announced, but the company said the "price tag target" is 25,000 Euros or the U.S. equivalent of around $32,910. Caterham calls the car "an accessible new entry point to the current range."
The company had teased the affordable model in late May, but had not released its name or disclosed a price. The name "signifies that the vehicle complies with the EU5 emissions standards," said Caterham.
Caterham has not detailed any plans for a U.S. launch at this point.
The new entry-level model is powered by a 660cc three-cylinder Suzuki engine that produces 80 horsepower.
Production is expected to begin in January, with first deliveries in the spring in Europe.
"The engineering process involved in the creation of the Caterham Seven 165 is nearing completion and, as we piece together the final elements, the car we believe will inspire a new generation of drivers to become Caterham enthusiasts is taking shape in exciting fashion," said Graham Macdonald, Caterham Cars CEO, in a statement.
Edmunds says: The Caterham for the masses takes a step closer to reality.