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Italian design house Bertone nearing bankruptcy
Mon, 17 Mar 2014The 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.
BMW Megacity Vehicle (2013): the first pictures
Fri, 02 Jul 2010By Tim Pollard First Official Pictures 02 July 2010 00:05 BMW has issued this first design sketch of its innovative new Multicity Vehicle. The BMW MCV won't be launched until 2013 and this is our first look at the new electric city car.The Multicity Vehicle is designed for the growing number of 'megacities', that is metropolitan areas of 10 million or more. Big conurbations like London, Los Angeles and Tokyo are being joined by more and more sprawling cities in China – and BMW is confident they will change the way urbanites drive around.BMW Multicity Vehicle: the detailsThis design sketch of the BMW MCV shows a compact city car, not dissimilar to a Smart in spirit.
Tesla Model S goes up in price
Fri, 30 Nov 2012The electric Tesla Model S – which won’t arrive in the UK until at least late in 2013 – is going up in price in the US and gets a spec change. The Tesla Model S is perhaps, just perhaps, the only really credible electric car so far; a luxury ‘Sports’ saloon car that offers range almost comparable to an ICE car and, it seems, prices that aren’t an awful lot different. That makes it a far more appealing prospect as a replacement for an ICE car than anything we’ve previously seen.