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Autozine.orgBertone bankrupted
The falling Italian coachbuilder / designer Bertone is seeking for bankruptcy protection after losing 37 million Euros in the past 3 years. In recent years its factory and 1350 employees in Turin have been idling as it could not find new contracts to fill the vacancy left by Mini GP and Alfa Romeo GT. The plan to build TVR never materialized. The factory can build 70,000 cars a year and it needs at least 30,000 cars to break even. BTW, Pininfarina also faces a similar situation.
Linky.
I blame Audi, personally. Or, more fun, another thing to blame on Smolenski. Scary about Pininfarina, too.
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