In 1972 Porsche Design was founded. The celebratory car is a 911 Targa 4 GTS, painted and finished to commemorate the Chronograph 1, which Porsche says was the first all-black watch. Gloss black paint is highlighted by a Satin Platinum finish on the targa bar and wheels. Inside, the Edition 50 Years Porsche Design—as English majors, you have no idea how painful it is for us to type that—gets black-and-gray checkered upholstery, a slate-gray steering wheel, and plenty of limited-edition badging, including F.A. Porsche's signature embossed into the center armrest. The powertrain is standard for the Targa 4 GTS.
Also produced for the 1976 "model year", for the U.S. market, was the 912E, a 4-cylinder version of the 911 like the 912 that had last been produced in 1969. It used the I-series chassis and the 2.0 Volkswagen engine from the Porsche 914. In all, 2092 units were produced. In 1976, the Porsche 924 took this car's place for the 1977 "model year" and beyond. The power was supplied by a 4-cylinder high-performance fuel injection motor also used in the Volkswagen 411.