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.

GM's Henderson: Future rests on Chevy, Cadillac, Buick and GMC

General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress. GM COO Fritz Henderson said that GM is conducting a strategic review of its Saab and Hummer brands and that the "status quo" for the Saturn brand will not work.

British Motor Show first details

By Ben Whitworth Motor Shows 17 December 2007 10:30 It may be a long way off on your automotive calendar, but next year’s 2008 British Motor Show looks set to be the biggest yet, with organisers expecting ticket sales to top the 550,000 mark. Housed at ExCeL London in the Docklands between 23 July - 3 August 2008, the show will feature more than 60 vehicle marques and 600 cars – including the global debut for the new Vauxhall Insignia and a preview of the new four-seater Lotus Project Eagle (mule for next-gen Eagle/Esprit chassis testing above). Although it’s still some eight months distant, over 80 percent of the stand space has already been sold, and the exhibition will also include the following attractions: • The Heritage Enclosure and Parade – a driving display providing the sights, sounds and thrills of supercars from the last five decades • Drift School – a chance for visitors to be driven sideways around a circuit by professional drivers • The Marine Experience – the British Marine Federation will display a line-up of luxury water craft as well as a programme of on-water entertainment • The Autoglym Supercar Paddock, a high-octane collection of luxury marques • The 4x4 Experience, a challenging terrain for testing the best of the off-road pack • Motor Theatre, a live-action stunt show Tickets to the Show will be on sale from February, with prices starting at just £8.