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Bertone looking for buyers as bankruptcy nears

Italian 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.

First nine 'Legends of Bugatti' Veyron are all sold out

Seems like a lot of the world's wealthiest auto fanatics/premium lifestyle enthusiasts can't wait to find out what the successor to the awe-inspiring Bugatti Veyron will look like. Knowing full well that the automaker won't start working on its next seven-figure neck-snapper until the remaining stock of Veyrons is accounted for, they've been eating up the cars like they're going out of style: Bugatti says the nine examples of its "Legends of Bugatti" series produced so far have been sold. That's despite a roughly $3 million per-car sticker price.

Famous British car brands achieve record sales

SALES figures from two of Britain’s most famous car brands have reached record highs in 2013. Mini and Rolls-Royce, which are both owned by BMW, have sold more cars than ever before. Thanks to a spate of popular new models, a total of 305,030 Minis were purchased across the globe last year - up 1.2% on the 2012 figure.