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Panoz confirms new Abruzzi road car

The recurring rumor is now put to rest. Don Panoz, founder of Panoz Auto Development and the American Le Mans Series, said on Monday that the latest Panoz sports car--the Abruzzi “Spirit of Le Mans”--will be formally unveiled in June in France, in the lead-up to the 24 Hours of Le Mans. “We wanted to wait until Le Mans to release official photos of the car, but today we are providing a ‘teaser’ image of the Abruzzi ‘Spirit of Le Mans’ that hints at what the final car will be like,” Panoz said.

Automakers rack up solid gains to finish 2010

Fueled by holiday and year-end discounts, as well as the introduction of new models, automakers finished 2010 on a high note by posting the year's best monthly sales in December. U.S. light vehicle demand climbed 11 percent last month to 1.1 million units--the best month of the year on a unit basis.

1984 Ford Mustang SVO: American metal, European performance

If the 1978 Ford Mustang King Cobra II isn't quite your thing, why not give the 1984 Ford Mustang SVO a try? In the Jan. 3, 1983, issue of Autoweek, we previewed a different take on the pony car -- one that promised "visual subtlety with unsubtle performance." Built on the Fox platform, the Mustang SVO (for "Special Vehicle Operations") wasn't supposed to be a flashy package for the wannabe racer -- it was designed from the ground up to be a balanced road car, "a state-of-the-art performance vehicle for the absolutely no-compromises performance buyer." And when we say "ground up," we mean it.