Haas is aiming to launch a new range of cars at the end of the year, including a brand-new model for the first time in its history.
In its first year of operations, the brand has sold around 9,000 Haas cars, the majority of them to other brands such as Nissan, Hyundai and BMW.
Haas will launch its new sports car range, the Haas Q4, on January 1.
It will use the Q4 to compete in the global sports car market.
The new model will be powered by the 2.0-litre twin-turbocharged four-cylinder engine which hails from a new engine development by BMW.
It has a displacement of 4.0 litres, but is rated at a top speed of 190km/h.
The Q4 sports car will have a range of 190 kilometres, the same as the current Haas sportscar, the Q5.
It also comes with a leather upholstery and a new-generation audio system.
It is a good day for Haas, the global automotive brand founded in 1968.
Haavas is the biggest automotive brand in the world and is one of the main suppliers of vehicles for the sports car industry.