The Porsche Panamera (Type number 970) is a four-door, four-seat luxury saloon/sedan, which was launched in 2009. It is front-engined with rear-wheel drive, with a four-wheel drive version also available.
The Porsche Panamera production model was unveiled at the 13th Auto Shanghai International Automobile Show in Shanghai, China on April 2009.
Engines are first assembled in Stuttgart, and the car's body is built and painted at the Volkswagen Group facility in Hannover. The final assembly of the vehicle takes place in Leipzig, Germany, alongside the Cayenne.
The Panamera is generally considered to be the long-awaited fruit of Porsche's 989 concept from the late 1980s; some argue that it also presents itself as a successor to the two-door 928, but there may be plans to develop a new 928 as well.
The Porsche Panamera is marketed as a direct competitor to automobiles such as the Mercedes-Benz CLS63 AMG, Aston Martin Rapide, and Maserati Quattroporte.
The Panamera may also be considered as a less expensive alternative to vehicles such as the Bentley Continental Flying Spur and the Mercedes-Benz S63 AMG.
Production began in April 2009, one month after its debut in the Shanghai Motor Show in China. Porsche will keep production rate at around 20,000 cars per year.
Porsche has applied for patents on a four-door convertible version of the Panamera that keep the same general dimensions.