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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.

Ford Iosis X concept car (2006): first official pictures

By Ben Barry First Official Pictures 28 September 2006 03:58 Iosis X: the lowdown Meet one of the Paris Motor Show’s most flamboyant stars: the Ford Iosis X. It’s billed as a crossover concept vehicle which builds on the genes laid down by last year’s Frankfurt star, the Iosis. The Iosis ultimately morphed into the new Mondeo, as featured in the November issue of CAR magazine (out 2 October).

Big Three Truck Premieres

Once just a local agricultural fair, the State Fair of Texas, Dallas, has now become the launch platform of choice for automobile manufacturers to present new trucks. Texas is an immense market for pickup trucks and this year, the Detroit Three were there, along with Toyota, to present world premieres. And for the auto executives that make the trip down, the Texas Fair is surely the easiest assignment they will get each year: people in Texas like full size trucks and buy them as personal vehicles not because they need their capacity but rather because "it's Texas here, y'know".