I very much liked the first volume in this series, but by comparison to the volume on the advance and gambit lines, this book is a huge disapointment. When I opened the book, i looked for comments on the lines I play most as black, and discovered they weren't covered. This was amazing, since I play the main lines!
In all likelihood, Mikhail Podgaets is the principal author; his name appears on the cover under Karpov's. When Karpov co-authored The Caro-Kann in Black and White with Beliavsky, the first thing he covered under the Panov was a transposition into "The Karpov Variation" of the Nimzo. The transposition isn't even mentioned in this book. How likely is it, if Karpov were the primary author, that he would ignore the Karpov variation, especially as it's his preferred choice against the Panov? (Incidentally, it's well covered in Hansen's book on the Rubenstein)
In the preface the author(s) state(s) that variations characteristic of other openings would not be covered. What's really poor is that the transposition points aren't even identified, and the Panov is largely about the transpositions.
There are other gigantic gaps: in the good but fairly limited repertoire book "Easy Guide to the Panov" Agaard gives two chapters on what he identifies as the most popular lines in the Panov, (linew in the B-b4 Panov where black captures on c4 and castles. Thess lines, used by Karpov, go unmentioned. In the Steiner, the line where white takes twice on d5 and black recaptures with the queen is given, a less popular line, popular in the former USSR, but not used by Karpov, and one which is essentially a QGA. But the much more popular knight recapture is ignored.
Lots of the stuff in the book is high quality,( hence the two stars rather than one) and it will probably be useful to those who specialize in the Caro-Kann,(for instance the Steiner queen capture line has better coverage here than in anything else I've seen) but as an overall guide it's totally inadequate, and someone taking up the opening - particularly as white- would be better served by almost anything else.