FRANKFURT -- Mercedes-Benz is considering launching rivals to the Audi TT sports car and Porsche Panamera sedan as the automaker expands its lineup to boost sales volume, a German auto magazine said.
The two cars would be developed by the brand's AMG performance division, auto motor und sport reported.
Mercedes called the report "speculation" and declined to comment further.
Citing company sources, the magazine reported that Mercedes plans a TT rival underpinned by its MFA2 front-wheel-drive platform that will debut on the next A class in 2017 or 2018. The TT competitor would come later with styling resembling the recently launched AMG GT sports car. A softtop version could also be sold, the report said.
Mercedes' rival to the coupe-styled Panamera four-door sedan would be based on the E class, the magazine said. The car would have a stand-alone design and would not simply be a sporty variant of the E class, the report said. The new model could be introduced after the new E class debuts next year.
Auto motor sport said Mercedes' board has not yet approved the new models.
Mercedes aims to pass BMW as the world's top-selling premium automaker by 2020. The automaker currently ranks third in global luxury-car sales behind BMW and No. 2 Audi.