Italian Coach Builder Bertone Confirms Bankruptcy Rumors

Famed Italian automotive styling house Bertone has confirmed it has entered court bankruptcy proceedings after mounting debts forced it to send staff home.

“The problem is many debts and very high costs. At the moment everything is blocked,” a spokesperson told the Telegraph. “People haven’t been coming to work for a month and a half now.”

The fate of the Turin-based company will be known by the end of April, according to the spokesperson. A court will either declare that the company will close for good or reveal the name of the most suitable buyer.


Read Article

MattDarringer - 3/26/2014 7:50:39 PM

+1 Boost

Honda should buy them...

xjug1987a - 3/27/2014 11:22:28 AM

0 Boost

Completely agree Matt... or Toyota/Lexus or Nissan/Infiniti....

JDMUSMuscle - 3/27/2014 12:16:09 PM

0 Boost

Still leaving stupid comments I see.

How would the purchase of Bertone actually benefit? They can't even design attractive-looking cars, and any Japanese car today looks "more beautiful" than the cars that this bankrupt company designed.

Have you forgot why the new Ferraris these days are looking a lot like the last gen Mazdas?