
Porsche Panamera will be produced in the new plant at Leipzig alongside the Cayenne. It is the first V8-engined sports car built by Porsche since 1995, when the 928 was discontinued and some consider it a suitable successor to the two-doored 928. The company built the new model as a direct competitor to the Mercedes-Benz CLS 55 AMG and Maserati Quattroporte and (to a lesser degree) a less expensive alternative to expensive vehicles such the, Ferrari 612 Scaglietti, Bentley Continental GTand Aston Martin Rapide.
Like Porsche Carrera`s name, the Panamera`s derives from the Carrera Panamerican race. Before it, there were other four-door sedans prototypes, such as the 1991 Porsche 989 prototype or the even earlier 4 door prototype based on the 911, but they never went into production.
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