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Today the 1,300 workers employed by the Carrozzeria Bertone
division marched to the Grugliasco plant in
Turin demanding to know more about the
situation, and Italian news sources reported some
tensions arising. Photo: La Reppublica. |
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DR Automobiles Groupe has been
talking to Bertone about CKD kit assembly of two mid
size Chinese SUVs, with production being around 12,000
units annually. |
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Carrozzeria Bertone's struggles
to stay afloat and find new vehicle assembly business
continue with the historic Italian firm today applying
for bankruptcy protection. Known in Italy as Concordato Preventivo
it is similar to Chapter 11 in the United States which
has recently be sought by car industry firms' such as
components giant Delphi. By entering into Concordato Preventivo Bertone
will be able to
restructure the Carrozzeria and chase new business while
preventing creditors from collecting payments owed to
them during this period.
The news was revealed in
a statement issued today by Bertone and specifically concerns the
Carrozzeria Bertone division. The design, engineering
and glass divisions are unaffected by the move. Carrozzeria Bertone's
production lines have been idle since a contract to upgrade 2,000 MINI
models
(to top John Cooper Works Grand Prix specification) ran out
to a conclusion more than a year ago.
The
Italian firm has the capacity to build
70,000 units annually. Recent attempts to drum up
new business have included proposals to start up limited production
of the failed British sportscar maker TVR at the
Grugliaso plant, while strenuous efforts to persuade Fiat of the
merits of a production version of its Suagnà concept
car, a folding hardtop 'coupé-convertible' which is based on the
Fiat Grande Punto's architecture.
Talks with other
prospective new clients are on-going. “We are currently
conducting confidential talks with Italian and
international industrial and financial entities to
secure Carrozzeria Bertone a future in vehicle
manufacturing,” Bertone's hands-on CEO Lili Bertone said
in a release issued today. Bertone isn't the only
traditional Italian Carrozzeria to be struggling at the
moment, Pininfarina has overstretched itself recently over a string of contracts
with major car manufacturers and it is currently seeking restructuring options.
The issue of
finding new work is now
particularly pressing for Bertone as a worker redundancy
payment scheme paid for by the Italian government runs
out at the end of December, leaving little time for new
assembly business to be found. Today the 1,300 workers
employed by the Carrozzeria Bertone division marched to the Grugliasco plant
in Turin demanding to know more about the
situation, and Italian news sources reported some
tensions arising.
DR Automobiles Groupe, an
ambitious Italian automotive firm which imports several SUVs
from two Chinese car manufacturers, Zhejiang Gonow
Automobile and Jonway Automobile, seems to be the best
prospect to get the moribund production lines at Grugliasco up
and running again. DR Automobiles Groupe has been
talking to Bertone about CKD kit assembly of two mid
size Chinese SUVs. Automobile News Europe states
today that a
pick-up has also been included in the on-going talks, with combined
production being around 12,000 units annually. However Bertone requires
30,000 unit annual production just to break even. “The
request for Concordato Preventivo is not interfering
with the talks we are currently having with Carrozzeria
Bertone,” DR Motor CEO Luca Falasca told Automotive
News Europe today.
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