1963 Chevy Impala 14" Hubcap 1963-65 Chevrolet Belair Biscayne Nova Vintage on 2040-parts.com

Bertone looking for buyers as bankruptcy nears

Italian design house Bertone has confirmed it entered bankruptcy proceedings in Italy, The Telegraph reports, amid recent reports that it laid off a significant percentage of its workforce. A spokesperson for the struggling company told The Telegraph that the company is searching for a buyer. "The problem is many debts and very high costs.

Porsche big up the Panamera S E-Hybrid (video)

The Porsche Panamera S E-Hybrid (pictured) is a performance Porsche too We’ve long seen hybrids, and plug-in hybrids, as the perfect performance weapon for high-end cars, where the addition of an electric motor offers an unbeatable combination of power and economy. That’s the line that Porsche are taking with the new Panamera S E-Hybrid, and they demonstrated that recently by revealing that the new E-Hybrid managed to average 62mpg in the hands of a bunch of motoring journalists on a test day. Which is an impressive number for any car in the hands of a group of people with lead-lined right feet and clearly demonstrates that the Panamera Hybrid really can do silly mpg even in the real world.

Last summer of speed?

If you want to enjoy driving on the unlimited-speed German autobahn, you might want to get in gear. If the opposition Social Democratic Party wins in this September's elections, party leader Sigmar Gabriel promises to form a coalition with the Green Party -- and both say they'll limit autobahn speeds to 120 kmh (about 75 mph), the German publication Bild is reporting. Not so fast, says the SDP's actual candidate for German chancellor, Peer Steinbrueck, who said he saw “no reason” to reignite the long-running debate over autobahn speeds, Bild reported.