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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.

Peugeot 308 stars at the 2013 Frankfurt Motor Show

Peugeot is going up-market with its new 308 hatchback, making its world premier here at Frankfurt 2013. Quality and sophistication is the target for the new car, with the French firm setting its sights high. Question is, can it deliver on the promise and truly compete with premium rivals, such as Audi and VW?

Ferrari Myth exhibition opens in Shanghai

Spreading the gospel of Enzo, Ferrari opened its Myth exhibition at the Italian Center in the Shanghai Expo Park on May 18. To help develop the second-largest market for Ferrari, the three-year exhibit is the Italian manufacturer's way of showing the Chinese public the history, cars and technology of Ferrari. The exhibit has five areas: Ferrari in China, Green, Product, Design and Racing.