Iconic Italian design house responsible for Miura, Countach, Stratos

There is a new automotive economy, as automakers have steadily been bringing their design efforts in house and teaming with other automakers for production, leaving design houses and coach/contract builders out in the cold.

Bertone, an iconic Italian-based design house, is no stranger to this chilly market. After the company avoided financial ruin in 2007 and 2011, it seems Bertone is a little closer to meeting the reaper.

CarAdvice Australia reports the company has ceased trading due to legal claims made by numerous suppliers, forcing Bertone to close its doors. Whether it is temporarily or permanently waits to be seen.

A Turkish firm and as well as seven other Italian companies have reportedly shown interest in purchasing the company.

Connect with Autos.ca