In order to close the price gap between the 356, which was still in production, and the 911, the 912 was brought onto the market in 1965 as a cheaper and at the same time considerably less powerful variant of the 911.
Externally and technically, the 912 was almost identical to the 911. In the rear, however, power came from the 1.6-litre four-cylinder boxer engine from the 356 SC. For its use in the 912 , the engine's output was reduced from 95 to 90 PS at 5,800 rpm – this gave the engine more torque and greater stability. Power was transmitted through a four-speed manual transmission.