Porsche's finance chief Holger Härter has revealed that management at the carmaker’s Stuttgart headquarters is considering developing a new entry-level model together with Volkswagen, and that a formal proposal will be submitted within weeks. The proposal is being undertaken in conjunction with the finance arm of VW, and according to Härter both companies 'will probably decide on this model this year.' Speculation as to what this new entry-level model will entail has been circulating for months, with conflicting reports hinting everything from a sporty hatch to a compact SUV. While the baby SUV has been denied by officials on a number of occasions, Porsche still has a number of options up its sleeve, reports German newspaper Handelsblatt.