Sony has posted a teaser for the sequel here. The Pink Panther 2 is directed by Harald Zwart (Agent Cody Banks and the underrated One Night at McCool's), and has Steve Martin's Inspector Clouseau team up with a bunch of similarly bumbling international detectives to track down a thief of historical artifacts. In addition to the first film's Jean Reno and Emily Mortimer, it will also co-star Andy Garcia, Alfred Molina, Aishwarya Rai, and John Cleese (who's taking over for Kevin Kline). I don't know how I feel about Clouseau being placed among similar nincompoops -- part of the franchise's appeal is the way its protagonist is sort of an island of incompetence. But the teaser did get a chuckle out of me, if only for the look on Martin's face after pronouncing "Well then, I'll just go back home."
Did I mention that I also find bad French accents very funny?