The company claimed that a second-generation automobile was styled by Tom Kellogg, one of the original Avanti design team, in the late 1990s. This car was based on GM's "F" platform Camaro/Firebird. Tom Kellogg was fatally injured in a car accident in California on 14 August 2003.

In October 2005 an internet report was published that "Avanti Motors" had "recently announced a new relationship with Ford Motor Company and was planning a big comeback". The new Avantis, very similar in appearance to the Firebird-based cars designed by Kellogg, were to be based on the current-generation Ford Mustang and were available as both coupés and convertibles. A brief report in October 2006 said the company had established a new factory at Cancun, Mexico and planned to produce 400 vehicles per year. A brief chronology of relevant events from 1961-2005 was published but all production of new vehicles has apparently ended. As of 2007 they planned to produce 150 cars per year. An "Avanti Motors" website still exists, which appears not to have been updated since 2006.