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Aspid Cars teases sports car to join open-wheeler

Spanish automaker Aspid Cars informed us last Tuesday that it will be unveiling a sports car to complement its open-wheel track car. The company didn't tell us much aside from saying that the car will be bigger than its first car, that it will be extremely lightweight and that it will offer multiple powertrain options, including a V8 and a KERS-like hybrid system. The company also made sure to note that its name is no longer IFR Aspid.

Jean Bugatti's final project realized 73 years after his death

Legendary designer Jean Buggati's final unfinished project has finally been realized by the Mullin Automotive Museum, 73 years after his death. The Southern Californian Museum is devoted to the preservation of French art and automobiles from the Art Deco era, and has announced that the 1939 Bugatti Type 64 Coupe Chassis #64002 project is nearing completion. The museum – alongside Stewart Reed Design of Pasadena and Automobile Metal Shaping Company of Michigan – has added the swooping coupé body to the original chassis based on sketches left unfinished by Bugatti at the time of his death in 1939.

Porsche says Panamera avoids gas-guzzler tax

Few expenses were spared in conceiving the Porsche Panamera, but consumers will avoid at least one cost of ownership: the ignominious gas-guzzler tax. Porsche has announced ratings for the 2010 sedan; it will get a combined figure of 18 mpg or 19 mpg from the EPA, depending on the model. This means Porsche’s four-door foray will avoid a fairly substantial cost of ownership--a tax of up to $7,700 is levied on the most prolific guzzlers.