Bankruptcy looms over Bertone once again

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After narrowly escaping bankruptcy in 2011, Bertone continues to face major financial setbacks. In fact, the famous design studio could indeed go bankrupt this time around.

Despite more than €20 million in revenue last year (mostly from China), several employees and suppliers are still waiting to be paid.

Autocar reports that Bertone, which recently fired 160 workers, is facing a number of lawsuits from creditors.

Former design chief Michael Robinson resigned in December, leaving Bertone out in the cold.

All hope is not lost, however: A Turkish company is reportedly willing to purchase Bertone for €2.7 million. Seven other firms from Italy have shown interest, too.

Source : gtspirit.com

Aston Martin Rapide Bertone prototype (Photo: Bertone)