The Panamericana was shown at the 1989 Frankfurt Motor Show, after a development period of only six months.

The roof line was homogeneously streamlined and sloped gently towards the rear engine deck.

It featured a removable waterproof fabric top that could be attached by a pink zipper.

Various roof configurations were possible and the car was in fact a hybrid of a targa, convertible, coupe and off-roader.

[3] When viewed from the front its style has a resemblance with the 996 and the Boxster—as could be expected, since Lagaay also has designed the Boxster.