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Porsche has officially unveiled the new four-seat Porsche Panamera in Shanghai Motor Show 2009. Porsche Panamera is Porsche’s fourth model series, with three variants entering the market in Germany this summer and US in October. The official starting price of Porsche Panamera is $89,000. All models are equipped with Porsche’s new PDK dual-clutch gearbox. Porsche is also planning a hybrid variant of the Panamera, which is expected to debut later this year.