The teaser image that you see above shows the VŪHL 05, which is tantalizingly described as a "road-legal lightweight supercar." The details are pretty scarce beyond that, save that we will witness the launch of the 05 at the 2013 Goodwood Festival of Speed.
VŪHL itself was started by brothers Iker and Guillermo Echeverria, who claim to have picked up their love of high performance cars from their GT and formula car-racing father, Guillermo Echeverria Sr. It is the Echeverria brothers' design firm, Etxe, that has penned the lines for the 05, while the production (of the bodies, at least) will take place in Canada and final assembly will happen in Mexico City. A report by Skiddmark.com indicates that big name suppliers like Magna Steyr, Mutimatic and Ford have a hand in the car, and some funding has come from the Mexican Government, as well. Consider our interest piqued.