What is it?
Porsche is adding a pair of hybrids and an extended wheelbase to its line of Panamera luxury sports cars. The Panamera 4 E Hybrid Executive, making its world premiere at this week along with the Panamera Turbo Executive, will feature more horsepower, more performance and more amenities — and a higher MSRP — than previous Panameras.
Why it matters
With the second generation of the Panamera, Porsche is pushing deeper into the luxury market, and perhaps thinking more about China, by increasing the rear seat real estate but keeping the brand's traditional sports car performance specs. These vehicles are specifically designed for sports car enthusiasts who want someone else behind the wheel.
With Panamera price points extending past $100,000 for the hybrids and $150,000 for the turbo, Porsche is begging for comparisons with the world's finest performance touring cars. Cross-shoppers could include folks in the market for a Mercedes-Benz S Class, Audi A8L or even Bentley Flying Spur.