We have all been waiting for the announcement, and now we can say that the Porsche Panamera will be introduced to the public at Auto Shanghai in April. Engines produce between 300 and 500bhp.

Porsche will introduce the new Porsche Panamera to the public at Auto Shanghai 2009 this coming April. The four-door will hit the streets towards the end of this summer.

The Stuttgart-based company intended to build the Panamera as a very comfortable and luxe car with qualities typically found in Porsche sports cars. Although a four-door, it was designed to look and function like a coupé, meaning solid performance without sacrificing interior space to get it.

Engine choices include normally aspirated and turbocharged V6 and V8 engines, ranging from 300 to 500 bhp. All engines have direct fuel injection, making them a bit more efficient. Six-speed manual transmission comes standard, with a seven-speed double-clutch also available.

The Sports Chrono Package can be selected by the customer, giving the car "a more sporting and dynamic engine and gearshift characteristics." Most models come standard as rear-wheel-drive, but the top model gets Porsche Traction Management with all-wheel-drive. PTM may also be purchased as an option.

The new Porsche Panamera will be introduced to the public on the 19th of April in Shanghai, China. The two units on display will be a naturally-aspirated V8 model, and a twin-turbo V8.