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Panoz launches newest sports car, the Abruzzi

The spirit of Le Mans--along with the spirit of the out-of-production Panoz Esperante--lives on in Panoz Auto Development's latest creation, the Abruzzi. Named for the people from the south-central Abruzzo region of Italy, the Abruzzi draws its inspiration from the 24 Hours of Le Mans, where the car is making its world debut on Tuesday, and its styling from the 1935 Delahaye Type 135 tear-drop coupe. "It is about the true spirit of Le Mans, a car you can drive from home to the racetrack, race it, and then drive home again," Panoz chairman and American Le Mans Series owner Don Panoz said.

Volkswagen Taigun poised for production

Update: We've added a video of the VW Taigun in action. Check it out below. Volkswagen has moved a step closer to joining the small-SUV ranks -- it will produce its compact Taigun, VW sources told Autoweek.

Spied: 2014 Corvette Stingray Indy pace car

UPDATE: The Stingray has indeed been named the 2013 Indy 500 pace car; check out details and photos here We've suspected that the 2014 Chevrolet Corvette Stingray would earn a place of honor as the pace car for the 2013 Indy 500. Now, spy photos of a safety-light-equipped C7 caught testing at the General Motors proving grounds in Milford, Mich. seem to confirm our hunch.