2014-2016 (981)
The 981 marked the most dramatic visual leap in the Cayman's history, launching for 2013 with a wider, lower stance and sharper styling that finally let the coupe stand fully apart from the Boxster it shared underpinnings with, rather than reading as a hardtop variant of it. Both the base Cayman and Cayman S launched together, a departure from the staggered S-first rollout of the previous two generations.
The base Cayman used a 2.7-liter flat-six at 275 hp, while the Cayman S stepped up to a 3.4-liter unit at 325 hp. Porsche filled out the range for 2014 with the Cayman GTS, slotting in above the S at 340 hp from the same 3.4-liter architecture with a standard sport exhaust, before capping the generation with the Cayman GT4 for 2015, a genuine departure from the rest of the lineup borrowing its 3.8-liter flat-six and much of its suspension hardware directly from the 911 GT3. At 385 hp and offered exclusively with a 6-speed manual, no PDK was ever available, the GT4 lapped the Nürburgring Nordschleife in the 7:40 range, a time that put it ahead of several contemporary supercars, and it remains one of the most celebrated Caymans Porsche has ever built. The 981 generation closed out for 2016 with a Black Edition special model before the lineup transitioned to the turbocharged 718 Cayman the following year.
- Model years: 2013 to 2016
- Trims: Cayman, Cayman S, Cayman GTS (added 2014), Cayman GT4 (added 2015)
- Power range: 275 hp (base) to 385 hp (GT4)
- 0 to 60 mph range: approximately 5.7 seconds (base) to 4.2 seconds (GT4)
- Transmission: 6-speed manual standard across the lineup, PDK dual-clutch optional (GT4 manual only)
- Notable firsts: first Cayman GTS; first Cayman GT4, and the first Cayman to share GT3-derived chassis hardware; final naturally aspirated Cayman generation before the turbocharged 718 era
- Available as: Coupe only