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De Tomaso bites the dust – again

De Tomaso has filed for bankruptcy again after failing to complete any of the deals Gian Mario Rossignolo had claimed would save the brand. De Tomaso has never had a an easy time of things despite building a few cars – well, the De Tomaso Pantera, at least – which had real appeal. After its last bankruptcy, former Fiat executive Gian Mario Rossignolo rode in as a white knight to put De Tomaso back on top – or so we thought.

Australian Automotive Industry Design Night announced

The Australian Auto Industry Design Night is set to take place on 28 June despite the surprise cancellation of the Melbourne motor show. Traditionally held on the first day of the show, this year's Auto Industry Design Night will be held at Gasolina, South Wharf, Melbourne. Gasolina is a concept created by two friends Dean Johnson and Carl Cerra, who is also an industrial designer/clay modeler and has also worked throughout Europe, you can check it out here.

Ford to lower fuel economy rating on C-Max hybrid

Ford Motor Co. will reduce the stated fuel-economy rating of its C-Max Hybrid car -- a rare and potentially costly move that Ford spent months feverishly working to avoid. A Ford source with knowledge of the plan confirmed the company will announce the move on Friday.