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Bugatti won't build new car until Veyron is sold out

Bugatti executives told Bloomberg on Wednesday that the brand won't move forward with a new automobile until all of the remaining Veyrons have sold out. The French automaker built 300 original Bugatti coupes, followed by 150 various variants. The coupes sold out in 2011, but 40 convertibles are still for sale.

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.

Peugeot RC hybrid concept

Peugeot is poised to reveal the latest in its ‘RC' range of concept cars at the Paris Motor Show in October. Continuing on from the RC Spade and RC Diamond concept cars unveiled at the 2002 Geneva Motor Show, the as yet unnamed concept also follows on from the 908 RC V12 diesel concept of 2006. Designed by a team led by Peugeot head of design Jérôme Gallix, the four door, four seat sedan is claimed to be an accessible and versatile eco-efficient GT coupé.