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Bertone goes bust

The famous Italian coachbuilder and designer Bertone may be on its deathbed. The company that penned the beautiful shape of the Lamborghini Miura has been facing financial hardships for months, and Autocar is reporting that the Turin, Italy firm has just declared bankruptcy. The last we heard from Bertone, it was showing the Jet 2+2 station wagon based on an Aston Martin Rapide at the 2013 Geneva Motor Show. The Turin-based carrozzeria became famous for its wild designs like the BMW Spicup concept, Lancia Stratos and the initial shape of the Lamborghini Countach. In recent years, it had been limited to creating mostly one-off vehicles. The company has slowly been shrinking recently. It sold its small factory to Fiat a few years go and let go of 165 employees and 10 interns in December. Bertone has been shopping itself in hopes of finding a new owner. According to PistonHeads, even with the money problems, the business generated 20-million euros ($27.9 million) in revenue in 2013 and has been working on projects in China. A Turkish firm was rumored to be interested in buying it for just $2.7 million, and GT Spirit claims that there are also seven Italian companies potentially interested in purchasing it. Bertone has a long and proud automotive history, and it wouldn't be surprising if it were bought just for the value of the brand – perhaps we haven't seen the last of its stylized B logo. Featured Gallery Bertone Jet 2+2: Geneva 2013 View 10 Photos News Source: Autocar via Pistonheads, GTSpiritImage Credit: Copyright 2014 Drew Phillips / AOL Design/Style Hirings/Firings/Layoffs Plants/Manufacturing BMW Lamborghini Lancia Concept Cars Luxury Special and Limited Editions Performance Classics bertone lamborghini miura Lamborghini Countach

BMW 3.0 CSL Hommage evokes classic 1970s Bimmer design

BMW enjoys taking advantage of the annual Concorso d'Eleganza Villa d'Este as an opportunity to re-imagine some of company's vintage shapes in modern ways with concepts like the M1 Hommage, 328 Hommage, Concept 90 motorcycle, and even last year's Mini Superleggera. This year's event on the shores of Lake Como is no different, and the Bavarian brand is celebrating one of its great sports coupes from the 1970s with the BMW 3.0 CSL Hommage. Bathed in a shade called Golf Yellow that perfectly evokes the era of the original, the Hommage's design seems to incorporate a few cues from the current 6 Series into the classic look of the 3.0 CSL. However, the front end is actually a little ungainly to our eyes due to the massive grille, and the fenders that fold up over the hood. The laser headlights are a great touch because their X-shaped centers are inspired by old racecars. The design improves significantly in profile and really starts to show the inspiration from the original 3.0 CSL. This concept has some beautiful rear haunches, and the big, creased fenders lead the eye to the massive rear wing. The back end also maintains much of the vintage design, including the roof spoiler, but the shape gets modern touches. So while the source of this inspiration was a bit angular, the lines have been gently curved for the Hommage. Of course, a CSL must be lightweight, as signified by the last letter in its name. Where the original uses aluminum and Plexiglas to shed pounds, the Hommage uses carbon-fiber-reinforced plastic parts throughout the body. The interior is also made from CFRP, and occupants sit in quilted racing buckets. An especially cool touch is the V-shaped cross-member at the back that evokes the look of a roll cage, while being a bit more artistic. The only indication that BMW is giving about the 3.0 CSL Hommage's powertrain is that it uses an inline six with eBoost, but as a concept the engine doesn't really matter, anyway. Get a good look at the whole design in the gallery above. BMW 3.0 CSL Hommage. Racing flair with a touch of class. Munich/Cernobbio. Amid the audacious design studies and automotive beauties from a bygone era gathered at the Concorso d'Eleganza Villa d'Este, the BMW Group presents its new BMW 3.0 CSL Hommage – and in the process makes a pretty formidable statement of its own. This model is the BMW Design Team's tribute to the 3.0 CSL, a timeless classic and iconic BMW Coupe from the 1970s.

BMW 5 Series Gran Turismo won't be a one-and-done model

The BMW 5 Series Gran Turismo seems like a model without a real segment to fit into. It doesn't quite match the mold for the swoopy four-door coupe niche like the Porsche Panamera or the brand's own 6 Series Gran Coupe. However, the vehicle isn't really a station wagon to appeal to those utilitarian buyers, either. Despite this identity crisis, BMW is reportedly prepping another GT for the next-gen 5 Series platform. According to German magazine Auto Motor und Sport, the 5 Series GT somehow has been a big enough sales success in the US and China to warrant another model. The next one would allegedly arrive in 2016, which is the about the same size as the future 5 Series sedan. The magazine speculates the new GT could lose about 221 pounds in the transition and be offered with four- and six-cylinder powertrains, plus a plug-in hybrid with an electric driving range estimated at around 19 miles. Globally, China is actually the larger 5er GT market than the US. According to IHS senior analyst Stephanie Brinley to Autoblog, the variant sold 21,089 units worldwide in 2013 (2014 is still being tabulated), and that represented about 5.7 percent of the 370,930 total sales for the 5 Series. China bought 42 percent of the world's GTs, compared to about 10 percent of the mix from the US. Europe, meanwhile, took about 29 percent of them that year. While the GT's sales figures make up just a fraction of the overall 5 Series, the variant is still a moneymaker for BMW, and IHS forecasts a second generation, too. "The 5 Series range as a whole is stronger for having this product, and it's very likely that the company's profit margin is higher on the GT, even with the cost of some dedicated sheetmetal and tooling," said Brinley. Featured Gallery 2014 BMW 5 Series Gran Turismo View 32 Photos News Source: Auto Motor und SportImage Credit: BMW Design/Style BMW Hatchback Wagon Luxury Sedan bmw 5 series gt bmw 5 series gran turismo