Fiat back in the mix as Bertone manufacturing unit goes up for sale

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Bertone Mantide – Click superior to for a high-res image gallery

You could repeat that Fiat’s on a boring-tool of a expenditure spree lately. While everyone else is struggling to trim expenditures and sell off divisions, Fiat’s been buying them up. So subsequent moving in at Chrysler’s headquarters in Auburn Hills, Michigan, and making offers for GM’s European and Latin American operations – including Opel and Vauxhall – it should come as no surprise that the Italian automaker is at it again, this time placing a non-binding offer to acquire Carrozzeria Bertone.

The offer is common of five currently being entertained by Italy’s oldest coachbuilder and the courts administering its bankruptcy. Among other bidders reported are Domenico Reviglio (the Gruppo Prototipo chief who was slated to purchase the company last year), former Lancia CEO Gianmario Rossignolo, Chinese automaker FAW and an additional unspecified Spanish concern. It is too not the first time Fiat considered rescuing Bertone after a previous make trial failed over brace years ago.

Although the reports remain somewhat ambiguous, it appears that the unit in verbal contest is only the contract manufacturing division Carrozzeria Bertone SpA, a separate unit from the Stile Bertone design house under the Gruppo Bertone umbrella.