Porsche has revealed the facelifted 2014 Panamera along with the new E-Hybrid variant, following yesterday's leak.

The refreshed Panamera brings a few modifications at the front fascia with a new look for the headlights. The back of the car is more refined than its predecessor and packs updated taillights and bumper. The new "Executive" variant available for Panamera Turbo and Panamera 4S has a 15cm longer wheelbase with two bucket seats in the rear.

The most important announcement made by Porsche has to do with the E-Hybrid version that comes with an "entirely new" 316 bhp (235 kW) V6 3.0-liter engine, a 94 bhp (70 kW) electric motor and a lithium-ion battery pack. This setup provides the car with a combined output of 410 bhp (306 kW), enough for a 0-60 mph (0-96 km/h) run in 5.5 seconds and a top speed of 167 mph (269 km/h).

Fuel consumption is down by 56 percent compared to the previous model as the Porsche Panamera E-Hybrid needs only 3.1 liters / 100 km (75.8 mpg US or 91.1 mpg UK), with CO2 emissions of just 71 g/km. On electric power it can achieve a top speed of 83 mph (133 km/h) and can travel for 11 to 22 miles (17.7 – 35.4 km).

The 2014 Porsche Panamera 4 and 4S feature a new V6 3.0-liter, twin-turbo gasoline engine as a replacement for the V8 4.8-liter. Power has increased by 19 bhp (14 kW) to 413 bhp (308 kW), while torque has gone up by 14 lb-ft (19 Nm) to 385 lb-ft (521 Nm). Porsche says fuel efficiency has also improved by 18 percent compared to the old V8.

The 2014 Porsche Panamera lineup is scheduled to go on sale in July, with prices starting at 81,849 EUR for Panamera Diesel, 83,277 EUR for Panamera, 88,513 EUR for Panamera 4, 101,841 EUR for Panamera S and 107,196 EUR for Panamera 4S.

Next in line is the greener Panamera S E-Hybrid at 110,409 EUR, followed by the Panamera GTS at 121,595 EUR and the Panamera 4S Executive which costs 132,662 EUR. Panamera Turbo will set you back 145,990 EUR while the range-topping Panamera Turbo Executive is 163,364 EUR. These prices are applicable in Germany (VAT included).

The current diesel will be replaced in early 2014 by a new one offering 300 bhp (220 kW). Also next year Porsche plans on launching the Panamera Turbo S and the Panamera Turbo S Executive.

Full details are available in the attached press release.

Gallery: 2014 Porsche Panamera and Panamera E-Hybrid officially revealed [video]

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