The design of the next-generation four-door from Porsche is almost fully revealed in these spy shots, with only the headlights and tail lights concealed by the almost cartoonish stickers.
Despite the camouflage the slim design of the tail lights are still visible, which are similar to those used on the Macan SUV.
From the images the 2017 Panamera looks very similar to the Panamera Sport Turismo concept that was unveiled at the 2012 Paris Motor Show - however with the coupe body over the shooting brake design of the concept.
As we have previously reported, the second-generation Panamera will be less bulbous than the current model - particularly around the rear, which divided opinions.
The new model will adopt a far more slender and fastback design, possibly sacrificing rear headroom for a faster roofline.
The new Panamera will be the first car in the Volkswagen Group to ride on the new MSB component matrix for front-engined, rear- and all-wheel drive models.
This new modular platform will utilise a mix of materials including high strength steel, aluminium and some composite material, which should result in the Panamera shedding up to 90 kilograms from the current-generation.
It is believed that the next-generation Bentley Continental range will also share the MSB platform.
The 2017 Panamera is likely to offer a range of engines similar to the current lineup, including V6 and V8 petrol powerplants, a V6 turbo-diesel as well as a plug-in hybrid powertrain.
Porsche is expected to debut the 2017 Panamera sometime later this year, so stay tuned for more updates.