Tuesday, July 14, 2009

Fiat Bertone manufacturing unit goes up for sale

The Fiat Group'has confirmed that Fiat S.p.A will make a 'non-binding offer' for Italian automotive design and contract manufacturing firm, Carrozeria Bertone that could be sold as part of a bankruptcy proceeding.

Other companies interested in buying Bertone are said to include Chinese automaker FAW, an unnamed Spanish consortium and Italian entrepreneurs Gianmario Rossignolo and Domenico Reviglio.

Aside from the Carrozeria Bertone's design and engineering capability for specialty vehicles and concept cars, the firm also has a manufacturing plant in Turin. According to the coachbuilder's official site, the Grugliasco factory covers a total area of 310,000 sq.m. and has a potential output of around 70,000 vehicles per year.












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