Porsche Chairman Oliver Blume, in a statement Thursday, calls the Cayenne Coupe "more progressive, athletic, and emotional."
The Cayenne Coupe is expected in U.S. showrooms this fall. It will start at $76,550, including $1,250 for shipping. The Cayenne Turbo Coupe will start at $131,350, including shipping. Both Cayenne Coupe models are priced higher than the standard Cayenne.
The midsize Cayenne was Porsche's second best-selling model in the U.S. last year - behind the compact Macan - with sales 10,733 units. But U.S. sales of the Cayenne have dropped off since peaking at 18,507 in 2013, and Porsche faces more competition from new SUVs and crossovers from BMW, Audi, Mercedes, Jaguar, Land Rover and others.
The Cayenne Coupe will be available with two high-performance engines. The standard model will feature a 3.0-liter mono-turbo V-6 engine capable of generating 335 hp and sprinting from 0-60 mph in 5.7 seconds.