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Bertone looking for buyers as bankruptcy nears
Wed, 26 Mar 2014Italian 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.
Saturn has interested buyers, GM says
Fri, 06 Mar 2009Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday. GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals. Saturn spokesman Steve Janisse said, "There is interest from investors in doing a spinoff, and there are other entities interested in just buying it." He said he does not know whether the interested parties are other automakers.
Acura RDX
Thu, 26 Jan 2012The second-generation Acura RDX crossover has grown up both physically and metaphorically, with a sleeker and more elegant aesthetic than the model it replaces. Gone is the previous model's upright stance, replaced by a more stretched, longer, lower profile. Its face houses swooping headlamps that pull back deep into the fenders.