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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.

Chevrolet Mi-ray concept gets a new ‘mid-electric' hybrid powertrain

General Motors Co. has unveiled a sporty South Korean-developed concept car that showcases a "mid-electric" hybrid powertrain that can run on electric-only front-wheel drive or tap a gasoline engine to turn the rear wheels for extra power. Dubbed the Chevrolet Mi-ray, Korean for "future," the compact, open roadster gets a carbon fiber body mounted on an aluminum chassis for lightweight performance.

Dan Darancou appointed Chief Designer at CH-Auto

Former GM design manager Dan Darancou has become Chief Designer at CH-Auto, a major Chinese car design studio that supports numerous domestic car manufacturers as well as international car companies looking to sell vehicles in the burgeoning automotive market. Darancou, who started his new role on November 1, will be overseeing all design activities as well as facilitating the liaison between the styling and engineering departments so the company can deliver complete ready-for-production vehicles and services. As well as tackling these initiatives, Darancou will also be promoting the organization, furthering the company's goal to become the premier car design studio in China.