Porsche will issue a recall for the 2014 Porsche 911 GT3 after two serious fires in Europe.

The German carmaker plans to replace the 3.8-liter flat-six engines in the models and has connected the issue to loose screws near the connecting rods, Edmunds.com reported. About 785 GT3s are affected worldwide.

"We're assisting customers on a case-by-case basis," Porsche spokesman Nick Twork told Edmunds.

Described as "the sportiest 911 model," the Porsche 911 GT3 starts at $131,395, including a $995 destination charge.

The vehicle has not yet been formally recalled through the National Highway Traffic Safety Administration, but two cars were recently gutted by fires in Switzerland and Italy.

Owners with questions and concerns can call 1-800-PORSCHE. The automaker is still working to put together the replacement engines but cautions consumers to stop driving the vehicles.

"We recommend they (the owners) cease using the vehicle. They can be picked up by the Porsche dealer," Twork told Edmunds.

Until the issue is fixed, Porsche dealers have been ordered to stop selling the vehicle.

The 785-model recall comprises 200 owners' vehicles in the United States as well as another 200 that are at the port or at U.S. dealerships.

Porsche hasn't yet finalized a timeline as to when the replacement engines will be available.

CEO Matthias Mueller said at a press conference last week that the company was close to fixing the engine problem, Bloomberg reported.

"We know the reason and the problem-solving measures," Mueller told a press conference near company headquarters in Stuttgart, Germany, as reported by Bloomberg. "We're testing them." 

Company engineers have been investigating the fires at least since last month, according to a Reuters report. 

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