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Bertone looking for buyers as bankruptcy nears
Wed, 26 Mar 2014Italian 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.
Lotus for Sale? Proton advised to sell Lotus Group International
Wed, 28 Dec 2011Are Proton about to sell Lotus? Analysts are advising Proton – owners of Lotus Group International – to divest itself of the loss-making Lotus. It was always difficult to see any sort of synergy between budget car maker Proton and Lotus.
Nissan ESFLOW: Electric Sports Car
Wed, 09 Feb 2011Nissan ESFLOW Electric Sports Car As Tesla has already proved, if you throw enough money at it, employ enough publicists (including self-publicists) and string enough laptop batteries together, you can make an electric sports car. And, because of the lightness of construct and instant torque of an electric motor, you can make it sprint to 60mph in pretty short shrift. Whether, with all the lard that comes with thousands of laptop batteries, you can make it go round corners properly… Which has obviously inspired Nissan to send the LEAF and the 370Z off to conjugate somewhere suitable, with orders to deliver up the resulting oxymoron – an electric sports car – to the Geneva Motor Show.