#PorschePanameraHybrid

Hybrid technology is improving at an impressive rate and is continuing to find its way into more and more vehicles.

Porsche is likely to unveil both a diesel and a hybrid version of its Panamera sedan at the Geneva Auto Show in March. While no official word has been given by Porsche, a company insider has disclosed that both models will arrive before Summer, signaling a Geneva unveiling in March.

Porsche continues to debate whether it will sell diesel models in the U.S. According to recent reports, if the go-ahead is given, diesel models would not only include the Cayenne SUV, but also the new Panamera sedan.

Tacked on to the end of a larger press release about Porsche‘s hybrid and electric car development strategy is official confirmation from the German sports car maker that it will launch a Panama Hybrid. Set to go on sale in 2011, the Panamera S Hybrid is believed to use the same hybrid powertrain as found in the Cayenne S Hybrid, which is powered by a 3.0-liter V6 engine that is supercharged and mated to a 47-hp electric motor for a total of 380-hp and 427 ft-lbs of torque. Porsche claims the Cayenne S Hybrid can travel up to 40 mph on just electric power and can cruise on pure electric power at speeds of up to 97 mph.

Official release after the jump: