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Bertone ordered to auction six cars from museum collection

A selection of six cars forming part of the official museum collection of Carrozzeria Bertone will be auctioned off at the Concorso d'Eleganza Villa d'Este. Following the turbulence within the struggling design house in 2009 – including selling its manufacturing arm to the Fiat Group – the disbandment of the museum collection has been ordered by a bankruptcy court. The auction is also a symbolic action: it marks the first time that any Bertone vehicles have been offered for sale to the public.

Toyota Aygo (2014) first official pictures

By Ollie Kew First Official Pictures 04 March 2014 07:45 The new Toyota Aygo is chasing a new level of customization, like the Peugeot 108 and the Citroen C1 that it shares it platform and mechanicals with. Like it? The bold face of the Aygo is shows off the brash new hatch that’s chasing a younger audience that its French counterparts, with an interchangeable ‘X’ face that, side strakes and rear diffuser.

Ford slows rate of cash burn in posting $1.4 billion net loss

Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.