China is now Porsche’s largest single market with 65,246 deliveries last year, and the German sports car maker is demonstrating the value it sees there by introducing the rear-wheel-drive Panamera Executive, which is exclusive to the country. The company is also giving four over models their Asian debuts at Auto Shanghai.
The Panamera Executive is a new entry-level version of the long-wheelbase model for the Chinese market, which measures 150mm longer between the axles. The turbocharged V6 produces 326 horsepower. Unlike the existing Panamera 4 Executive, this version is exclusively rear-wheel drive.
“This model underlines how important the Chinese market is to us”, Oliver Blume, Porsche Chairman, said in Shanghai.
On the other end of the range, Porsche is introducing the Panamera Turbo S E-Hybrid Executive to China. A biturbo 4.0-litre V8 with an electric motor offers a grand total of 671hp and 627lb ft of torque. The standard-wheelbase version can reach 62mph in 3.4 seconds and a top speed of 192mph.
Porsche also gives the Panamera Sport Turismo, 911 GTS, and 911 GT3 Cup their Asian market debuts at the Shanghai Motor Show. “In 2016, China was once again our largest individual market, with more than 65,000 vehicles sold. New models like the Panamera Sport Turismo give us confidence that this success will continue,” Blume said at the show.
Porsche’s development team is currently working on several variants of the 911. The GT2 and GT3 RS are both on the way, and spy shots reveal each of them getting a workout on the track. Plus, the company is working on the next-gen 911 and its Turbo variant.
Gallery: Porsche Panamera Executive
Auto Shanghai 2017: Auto Shanghai 2017: Panamera Executive exclusively for China
Porsche celebrates five Asian premieres
Shanghai. Porsche will unveil five new releases for the Asian market at the Auto Shanghai 2017 motor show starting this Wednesday. The main focus is on the Asian launch of the Panamera Sport Turismo. The new variant of the four-door sports car – which delivers up to 404 kW (550 hp) – brings greater versatility to the luxury segment with its unmistakable design and excellent day-to-day usability. The second innovation is the Porsche Panamera Turbo S E-Hybrid. Providing 500 kW (680 hp) of system power, the world’s most powerful hybrid saloon will arrive on the market in China exclusively in the extra-luxurious Executive variant with long wheelbase. The third new vehicle – solely for the Chinese market – is the Panamera Executive (243 kW/330 hp) with rear-wheel drive as a new standard model with long wheelbase. “This model underlines how important the Chinese market is to us”, emphasises Oliver Blume, Chairman of the Executive Board of Porsche AG, in Shanghai. The new 911 GTS models and the 911 GT3 Cup racing car are also being shown in Asia for the first time.
“In 2016, China was once again our largest individual market, with more than 65,000 vehicles sold. New models like the Panamera Sport Turismo give us confidence that this success will continue”, says Blume.
New: Porsche Club China and Porsche Motorsport Asia Pacific
Porsche is expanding its customer support network in China and will announce the launch of Porsche Club China and Porsche Motorsport Asia Pacific at the start of the motor show. The Club will act as an umbrella organisation for the 250 or more members of private associations, giving them access to international Porsche events, exclusive offers and sporting events. In future, Porsche Motorsport Asia Pacific will be the point of contact between the factory and motorsport customers with GT vehicles. The Porsche Carrera Cup Asia has been held for 15 years and now sees 26 starters competing from ten different countries. With an audience of around two million people, this one-make series is one of the most popular racing championships in the region.
Porsche growing in China
In 2016, China was the strongest individual market at Porsche for the second year in succession, enjoying an increase in sales of twelve per cent. The sports car manufacturer delivered 65,246 vehicles in the country. The two-door sports cars are becoming more and more popular, with the 911 increasing by eleven per cent compared to the previous year. A particularly large number of young customers in China chose the 718 Boxster and 718 Cayman models introduced in the last year. The Macan accounted for more than half of all deliveries at 34,015 units, representing an increase of over 22 per cent. Deliveries of the Cayenne rose by 5.5 per cent.