This coming 24 Le Mans in June, expect to see a new car, the Panoz Abruzzi. The sportscar will be Panoz Auto Development’s first completely new model since the original Esperante launched in 2000.

And since the Abruzzi has been rumored for years, many will still be skeptical if the reports are true. Furthermore, Panoz Auto Development’s next project was believed to be either a GT1 or a GT2 that is also expected to compete with the Chevy Corvette.

But the small American automaker will push thru with the Abruzzi. Stories have already circulated that a street-legal version of the car would cost less than $150,000, meaning it could possibly compete with…

Italian organization I.DE.A. Institute has created a new design study for the Geneva Motor Show.  Named as “Sofia” the four-door sedan is a development on the no-door Era concept convertible unveiled at the same show last year.

This concept car is symbolic of I.DE.A Institute’s continued drive to renew the company, which began in 2007. The styling by the new Design Center and the workmanship of the model makers and show car builders has together created this new “all-Italian” model.

The Sofia features an hourglass shape when viewed from above, with heavy sculpting at the front and back. “Sofia is a concentration of sportiness and elegance,” according to a press release. The…

The sports car manufacturer Gumpert will be presenting its newest power package for the Apollo Sport in Geneva. Two versions of the car will be shown. Along with the presentation, the company will also announce at the event its intention to start building right-hand-drive models for international export.

The Gumpert vehicle gained more power out of the previous 515kW (700 PS / 690 hp) engine by optimizing the ECU and improving its cooling systems. As a result, power increased to 552kW (750 PS / 740 hp), which is more than 132 kW (180 PS/ 178 hp) liter.

For the exterior, the front and rear ends have been redesigned primarily for improved aerodynamics…

Italdesign Giugiaro has teamed up with Malaysian firm Proton to create a line of environmentally friendly cars, including the Proton Hybrid Concept.

The five-door concept will debut along with Italdesign Giugiaro’s highly-anticipated concept for the Alfa Romeo 159. The Proton Hybrid has four seats and a high roof to increase cabin space.  This also made it easier for designers to raise the seats up, meaning passengers can get in and out without difficulty.

“This is the outcome of several years of study: the solution allows interior spaciousness on a par with that of a segment D saloon despite maintaining the exterior dimensions of a segment A car,” said Italdesign Giugiaro boss Giorgetto…

Tesla is currently selling around one hundred units per month and just recently went past the milestone of producing their 1000th Roadster last January 12, 2010. Despite moving fewer vehicles per annum as a brand than some competitors’ major dealerships move in a month, Tesla has announced that they are planning on producing 200,000 units per year because of a new sedan due on 2015.

Although Tesla still has not yet started production of its first sedan, the Model S sedan, it is already making clever claims that it plans to produce a BMW-3 series sized sedan by 2015. The sedan is said to boost Tesla’s annual volume to around 200,000…

Lee Noble, the founder of Noble Automotive, released teasers of his new supercar. The new and still unnamed supercar will be produced by Noble’s new company, Fenix Automotive. It will also be the successor of the Noble-built M12.

The Fenix supercar will be fitted with the 480-horsepower LS3 V8 that the Chevrolet Corvette used. For the more performance-minded customers, an option to upgrade the engine to the 638- horsepower LS9 V8 engine, which is derived from the Corvette ZR1, is also available. The Fenix supercar is targeted to weigh in at around 1200 kilograms, which could help it accelerate to 100 mph in under 7 seconds.

The man behind the new supercar,…

Earlier this year, the Transition Roadable Aircraft made its maiden flight. Now, the road-registered flying car’s maker, Terrafugia, is announcing that the road and air worthy vehicle will be available to the buying public by 2011.

The selling features of the Transition Roadable Aircraft are found in the fact that it can actually drive on normal roads, and fit inside a traditional parking spot or garage just like a normal car. Impressively, the transformation which folds the wings either in or out takes place in less than 30 seconds – roughly the same time as many convertibles on the road today.

Terrafugia also says that the TRA is capable of flying at…

Kepler announced that they will be unveiling its latest supercar, dubbed as the Motion, at the Dubai International Motor Show later this week.

The Kepler Motion is a dual-powertrain hybrid supercar that utilizes a Ford-based 550 horsepower 3.5 liter twin turbo EcoBoost V6 and a 250 hp electric motor. The 3.5 liter EcoBoost V6 is specially modified to produce 550 hp solely for rear-wheel consumption. The 250 hp electric motor will then be driving the front wheels. All in all, that’s 800 hp for the Dual-Powertrain Technology (DPT) all-wheel drive experience. This hybrid system can sprint from zero to 60 miles per hour in under 2.5 seconds.

The Kepler Motion is also…

Someone from Dubai just lost £1.2 million just for a car. Well, it’s not just any car. It’s the second Berton Mantide.

Originally shown at the 2009 Shanghai Motor Show as a one-off concept, the Corvete ZR1-based Mantide proved that it is worthy going into limited production. This is the second car among the ten limited editions that has been sold. And like the first buyer, the Dubai-based bid winner was not named. It is reported however that Jay Leno may be vying for one of the Berton Mantides.

The Mantide features a supercharged 6.2 Liter V8 engine that produces 638 horsepower and 604 pound feet of torque. And with a weight…