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Italian design house Bertone nearing bankruptcy

The Italian design house Bertone is reportedly nearing bankruptcy again, according to a report from Autocar. The carrozzeria has experienced financial problems in 2008 and 2013, and even though it generated more than €20 million, or approximately $28 million, last year, the company reportedly laid off 160 employees recently. At least 30 workers who have been laid off have taken action against the company, seeking to recover monies owed to them.

Lamborghini plans LM002 successor

By Georg Kacher Motor Industry 27 November 2006 10:48 Lamborghini has finally cast its new plans in stone, after much heated debate. And the plan is to replace the core supercars, before adding an SUV to the range. Although the Bologna-based sports car maker is now writing its balance sheets in black ink, the modest funds still don't suffice to generate a new standalone model like the proposed Espada - at least not for the time being.

Duesenbergs sweep honors at Amelia Island Concours d'Elegance

Two of the 29 Duesenbergs on display at the 16th Amelia Island Concours d'Elegance took the Best in Show honors on Sunday at the gathering in north Florida. The Amelia Island concours awards two top honors, one for sporting cars and one for elegance. Harry Yeaggy's 1935 Duesenberg SJ Speedster, also known as the “Mormon Meteor,” won Best in Show Concours De Sport, while Helen and Jack Nethercutt's 1933 Duesenberg SJN Arlington Torpedo Sedan was awarded Best in Show Concours De Elegance.