Technology.am (Apr. 7, 2009) — German luxury carmaker Porsche announced to launch its sports car Panamera in India by October, 2009, priced between Rs 1.42 and Rs 2.02 crore.
Panamera is the first four door sports car from Porsche and it will be unveiled at the upcoming Shanghai Motor Show 2009, Precision Cars India, importer of Porsche, said in a statement.
“We are working on a simultaneous launch of the car in India as well and are hopeful of welcoming the car in India by late September-early October 2009,” Precision Cars India Managing Director Rod Wallace said.
Panamera would be available for Indian customers with a 4.8 litre V8 direct fuel injection engine, he added.
The new sports car would be priced between Rs 1.42 crore ($284,000) and Rs 2.02 crore ($404,000) (ex-showroom Delhi) and is inclusive of VAT and import duty, the release added.