Porsche has released details on its new high-power Panamera sedan, set to go on sale this summer.

The new Panamera Turbo S provides a power boost to the Panamera Turbo’s engines, delivering 37 kW more with increased torque from the 4.8 liter, V8 engine, which has been treated to improved turbochargers and modified engine control.

Using the Launch Control feature, it can manage 0-100 km/h in 3.8 seconds and a top speed of 306 km/h, despite a fuel consumption similar to that of the Panamera Turbo — 11.3 l/100km using Michelin tires.

Guests at New York’s Gansevoort Hotels will soon be able to enjoy the city from the back of a Porsche, thanks to an agreement between the hotel and the luxury car maker.

Both of Gansevoort’s New York properties — The Gansevoort Hotel and The Gansevoort Park Avenue South — are to offer free in-town car service and airport transfers in a fleet of Porsche vehicles.

From August 15,the trendy NYC hotels will squire you around town in the roomy 2011 Porsche Panamera 4S.

Porsche has confirmed that the Porsche Panamera S Hybrid will hit the roads in 2011, making it the fifth version of the Panamera on sale.

According to autocar, the Panamera hybrid will use the same powertrain as the Cayenne hybrid.

This means the vehicle will be powered by a 3.0 liter supercharged V6 engine developing 333hp and an electric motor with an additional 47 horsepower.

The Porsche Panamera has inspired Porsche Design to create the Panamera collection, which includes luggage, watches, clothing and lifestyle accessories to match the luxury sedan.

As the market launch of the Panamera approaches, the new luggage series has been developed for the Porsche Travel System.

The AluFrame trolleys were designed to perfectly fit into the luggage compartment of the Gran Turismo, as well as of all the other Porsche models.

Porsche said China may pass Germany as its second-biggest market within three years on rising wages and demand for new Panamera sports sedan.

Porsche unveiled the car at the Shanghai auto show in April, the first time it debuted a new model outside of Europe or North America.

“All premier manufacturers are showing good results” in China, Helmut Broeker, Porsche’s China head, said in a June 12 interview in Shanghai.

Celebrated German audio company Burmester has teamed up with Porsche to produce a unique high-end sound system for the new 2010 Panamera.

(Burmester is the same audio company that developed the sound system for the Bugatti Veyron supercar).

Each speaker in the custom system has its own separate amplifier, which can range from just 25 watts for the tweeter to a 300 watt subwoofer in the trunk.