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Italian design house Bertone nearing bankruptcy

The Italian design house Bertone is reportedly nearing bankruptcy again, according to a report from Autocar. The carrozzeria has experienced financial problems in 2008 and 2013, and even though it generated more than €20 million, or approximately $28 million, last year, the company reportedly laid off 160 employees recently. At least 30 workers who have been laid off have taken action against the company, seeking to recover monies owed to them.

Chevrolet City Express priced at $22,950

Chevrolet has released pricing for the 2015 City Express urban work van, which debuted at the 2014 Chicago Auto Show just a couple months ago. The van is Chevy's answer to the Ford Transit Connect, and is actually based on the Nissan NV200. The Chevrolet City Express will start at $22,950 when it goes on sale in early fall, and will be powered by a 2.0-liter dual-overhead cam inline-four making 131 hp and 139 lb-ft of torque.

Civic hybrid tests Honda's new strategy

Despite being the first to sell an electric-gasoline car in the United States and making hybrid technology a centerpiece of its fuel economy push, Honda Motor Co. has yet to have a hybrid hit. But the redesigned Civic Hybrid, launched April 20, is the first test of whether Honda's new strategy of tapping lithium ion batteries and, later, two-motor systems can break the streak.