It appears that the Geneva Motor Show will be ignoring this whole global recession thing, as automakers are using the Swiss show en masse to debut exciting new vehicles and concepts. Zagato popped up this morning with its own surprise, the Perana Z-One. The Italian design house has hooked up with South Africa's Perana Performance Group to build the Perana Z-One, of which 999 units will be produced. There are conflicting reports on the price, which range from 50,000€ to 90,000€, but other specifications are set in stone. The Perana Z-One will be powered by a 6.2L LS3 V8 from General Motors producing at least 440 horsepower and a 0-62 mph time for the car of less than four seconds. That icon of American mechanical engineering will be shrouded in a sexy coupe body style that blends a bit of Ferrari's Italian flare with some sinister Shelby Cobra styling cues, then pours an Aston Martin aesthetic over the whole thing. All we have are these high-resolution renderings at the moment, but soon we'll be on the ground in Geneva to bring you live pics of what the Perana Z-One looks like in person.