2024 Porsche Panamera: What's New, Specs & Features

Last updated August 4, 2026

2024 Porsche Panamera

The 2024 Porsche Panamera is fully redesigned, marking the start of its third generation. The headline change is a new exterior and cabin wrapped around upgraded suspension, safety, and technology.

Shop 1 in stock at Carvana

About the 2024 Porsche Panamera

3rd gen (2024-present), first year

Porsche positions the Panamera as a genuine four-seat sports car in sedan form: something that delivers much of the brand’s sharp response and performance feel while still working as a luxury daily driver. Its core appeal is that it offers real rear-seat space, a large hatchback cargo area, and long-distance comfort without losing the low, driver-focused feel buyers expect from a Porsche. That blend of sports-sedan pace, premium cabin finish, and everyday usefulness is what sets it apart.

The 2024 Panamera remains a four-seat luxury sports sedan, with the rear-wheel-drive base model focused on a direct driving feel and the Panamera 4 adding all-wheel drive for better traction. Both use a 348-hp twin-turbo V6 and an eight-speed automatic transmission, along with adaptive air suspension, Matrix LED headlights, and 14-way comfort front seats.

What changed, by category

Powertrain
The base Panamera and Panamera 4 gain a stronger 2.9-liter twin-turbo V6. Output rises from 325 hp and 331 lb-ft of torque to 348 hp and 368 lb-ft.
Styling
Porsche redesigns the exterior and cabin. Matrix LED headlights are standard.
Suspension
Adaptive air suspension with Porsche Active Suspension Management is standard across the lineup.
Safety
The standard driver-assistance package expands to include parking sensors, a reversing camera, lane-keeping assist, traffic sign recognition, automatic warning and braking, active speed-limit assist, and blind-spot monitoring.
Tech
A new driver-focused digital control layout replaces the previous cabin design. A heated steering wheel also becomes standard.
Structural
The Panamera enters its third generation, and the Sport Turismo wagon body style leaves the U.S. lineup.

2024 Porsche Panamera specs and features by trim

Feature
2024 Porsche Panamera41 in stock
2024 Porsche PanameraBase0 in stock
EngineV6, Twin Turbo, 2.9 LiterV6, Twin Turbo, 2.9 Liter
TransmissionAutomatic, 8-Spd PDK Dual-ClutchAutomatic, 8-Spd PDK Dual-Clutch
DrivetrainAWDRWD
Fuel TypeGasGas
MPG City18 mpg18 mpg
MPG Highway24 mpg24 mpg
Horsepower348 hp348 hp
Torque368 lb-ft368 lb-ft
Max Towing4850 lb4850 lb
Trunk/Cargo17.4 cu-ft17.4 cu-ft
Seats44
Doors44
Adaptive Cruise Control
Alarm System
Blindspot Sensors
Lane Departure Warning
Active Lane Keep Assistance
Park Assist
Rear View Camera
360 Camera
Alloy Wheels
Fog Lights
LED Headlights
Panorama Moon Roof
Rear Spoiler
Navigation System
Premium Audio
Smartphone Interface
Dual-Zone Climate Control
Heated Front Seats
Heated Steering Wheel
Leather Seats
Proximity Keyless Entry
Push-Button Engine Start
Remote Start
Ventilated Front Seats

How the 2025 Porsche Panamera compares

The biggest change for the 2025 Porsche Panamera is a much broader lineup. Five trims join the range—the 4 E-Hybrid, 4S E-Hybrid, GTS, Turbo E-Hybrid, and Turbo S E-Hybrid—bringing the third-generation Panamera to seven versions.

Frequently asked questions

Is the 2024 Porsche Panamera fully redesigned?

Yes. The 2024 Panamera is the first model year of the third generation, with a redesigned exterior, a new digital cabin layout, standard adaptive air suspension, and more standard driver-assistance features.

Does the 2024 Porsche Panamera have more power than the 2023 model?

Yes. The base Panamera and Panamera 4 produce 348 hp and 368 lb-ft from their 2.9-liter twin-turbo V6, up from 325 hp and 331 lb-ft in 2023.

What is the difference between the 2024 Panamera and Panamera 4?

The main difference is how they send power to the road. The base 2024 Panamera has rear-wheel drive, while the Panamera 4 has all-wheel drive for added traction; both use the same 348-hp twin-turbo V6.

Is the 2024 Porsche Panamera Sport Turismo wagon still offered in the U.S.?

No. The Sport Turismo body style was dropped from the U.S. Panamera lineup for 2024 as the redesigned third-generation model arrived.

What safety features became standard on the 2024 Porsche Panamera?

The 2024 Panamera has a broader standard safety package. It includes parking sensors, a reversing camera, lane-keeping assist, traffic sign recognition, automatic warning and braking, active speed-limit assist, and blind-spot monitoring.

2024 Porsche Panamera Reviews

What owners are saying about the 2024 Porsche Panamera.

4.0
2024 Porsche Panamera
(7 reviews)
5 stars (2)
4 stars (3)
3 stars (2)
2 stars (0)
1 star (0)

About owner reviews

Carvana owner reviews are provided in partnership with Strategic Vision, one of the largest automotive consumer research providers in the U.S. Star ratings are from ranking surveys completed by owners one to six months post-purchase. Comments from owners are optional, but included here when available.