Automotive News Europe, citing sources from Porsche, reported that the company is set to debut its Panamera sporty sedan during the 2016 Paris auto show on September 29. This second-generation Panamera is mainly based on the Volkswagen Group's MSB platform which is not only more fuel efficient but lighter as well. It is projected to highlight models from Lamborghini, Bugatti and Bentley.
The new Panamera is the second major product from the company to be revamped with the first one being the mid-engine 718 Boxster/Cayman line-up. After its official debut, it will then immediately go on sale in the Europe market. Sales at its two biggest single markets, the U.S. and China, will begin by 2017.
Among the company’s five model lines sold in the previous year, the Panamera was its poorest-selling. Worldwide sales for example totaled 17,207 units, a 31% drop. This was worse even when compared to the 718 Boxster and 718 Cayman, combined.
So far the best sales year for the Panamera was back in 2012 with a reported 29,030 units sold. Still, this model has proven itself to be popular in China where a number of customers preferred the roominess offered by this four-door sedan, something that was not in the 911 sports car.
When the first-generation Panamera was launched seven years ago, the company chose Shanghai to be the setting of an exclusive event in Shanghai’s very own World Financial Center skyscraper. To increase the demand in the Europe market, the company hopes to add a Shooting Brake version that offers a shape more similar to a station wagon.
With this extra functionality, Porsche expects that it will appeal more to European consumers who prefer wagons mainly due to their having better handling. For Germany, the Panamera sedan is priced at 83,277 euros, including VAT. Different variants will be offered like a plug-in hybrid and a four-wheel drive. Even Turbo and GTS versions are expected though the price can go as high as, and even exceed, 180,000 euros.
When asked, a spokesperson from Porsche did not comment on the next-generation Panamera or the availability of other body styles. The same person however did confirm that a prototype of the Panamera Shooting Brake was in development.