In 1998, Porsche introduced the first new, completely-redesigned 911 since the original debuted in 1963. The only parts carried over from the previous 911 were the suspension and the 6-speed manual transmission. For the first time, the new 911 featured a water-cooled engine. The rear-engined 911 Carrera was powered by a 296-horsepower 3.4-liter version of the M96 dual-overhead-cam horizontally-opposed “flat” six-cylinder “boxer” engine, with either a 6-speed manual transmission or a 5-speed Tiptronic automatic transmission, and either rear-wheel or all-wheel drive. The 911 Carrera could accelerate from 0 to 60 miles per hour in under 5 seconds and reach a top speed of 178 miles per hour. The new Porsche 911 Carrera shared its front end styling with the lower-priced Porsche Boxster, making the two look very similar, however the Boxster was only available as a 2-seat roadster, while the more powerful and faster 911 Carrera featured a rear seat and was available as either a convertible or a coupe.
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