A highly successful luxury sports car, the Porsche 924 was a two-door coupe that served as a replacement for the Porsche 914. This car represented many innovations made by the company. In terms of production, this model was the first Porsche car to be built with a front-mounted, water-cooled engine. The 924 was also the first Porsche to be sold with an automatic transmission system. Aside from introducing various innovations, the 924 was also the car that pulled Porsche out of a financial dilemma; it created enough revenue for the company to keep on developing the 911 model, the company's current flagship vehicle. Despite its discontinuation in the 80s, the 924 continues to be a favorite among collectors.
1976: From a scrapped Volkswagen car to an innovative best-seller
In the early 70s, the 924 was initially meant to be a collaborative project between Volkswagen and Porsche. But due to the oil crisis in 1973, Volkswagen scrapped the idea. Porsche then bought the design back since the company needed a replacement for the 914 model. Fast forward to 1976, and the Porsche 924 was born. It featured a front-mounted, water-cooled engine, making it the first Porsche model to do so. For models sold from mid-1977 onwards, a three-speed automatic transmission became available. Many have praised the 924 due to its reliability, fuel efficiency, handling, and design. It became one of the brand's best-selling cars and helped Porsche get back on its feet financially.
1978: Introducing the 924 Turbo
The 924 Turbo was introduced in 1978 to bridge the gap between the basic 924 and the flagship 911 model. Using the same Audi-based 2-L I4 engine, Porsche engineers redesigned the cylinder head and modified the anti-roll bars and spring rates. The 924 Turbo was also equipped with a NACA duct, 15-inch alloy wheels, a five-speed transmission, and four-wheel disc brakes. Two years later, Porsche introduced a 924 Carrera GT version to be used in racing competitions.
1983: The 924 is pulled out from the US market
In 1983, Porsche decided to discontinue the 924 model for the US market to make way for the Porsche 944. However, the 924 was continually manufactured and sold for other markets around the world.
1984: The 924S enters the market
When Volkswagen stopped manufacturing the engine blocks used for the 924, Porsche decided to tweak the 944's engine to come up with a more budget-friendly, entry-level model. Dropping the 924 model at that time was impractical despite VW's move, prompting Porsche to detune the 944's 2.5 L straight four engine. Four years later, the 924 was completely discontinued to make way for the 944 model in other markets.
1992: The Porsche 924 Championship
Despite its discontinuation, the 924 is widely known for its racing capabilities when equipped with the right upgrades. As a matter of fact, the Porsche 924 Championship was established in 1992 in the UK. Currently, the 924S is qualified for the 944-Spec racing class.