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Renault previews new electric vehicle concept

Renault will unveil its latest concept car tomorrow at its plant in Valladolid, Spain. The carmaker says the concept, previewed in one image, will "provide a bridge between the world of Formula 1 and that of electric vehicles". Very few details are available, but look out for further news as the concept is revealed.

Chevrolet Nova 'Innovator' wins Goodguys award

Alex Covington knows that picking the proper street machine takes time. Many fit the basic bill, but few stand up to the scrutiny of the judges at the Goodguys Optima Batteries Street Machine contest. His customized 1967 Chevrolet Nova, named Innovator, rang all the right bells on July 9 when it won the 2011 Street Machine of the Year award.

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.