It's been a tough go for fabled Italian design house Gruppo Bertone over the last decade, with high-piled arrears leading to brushes with bankruptcy in both 2007 and 2011. Now, Autocar is reporting that the coachbuilder has "ceased trading" due to its ongoing financial issues.

Aston Martin Works

The Turin-based carrozzeria hasn't yet officially confirmed anything, but when we attempted to reach out to Bertone for comment, the person who answered was clearing out their desk. Not encouraging, and far from what we'd hoped to hear. This unfortunately aligns with another report from Britain's Daily Telegraph, which claims that Bertone has furloughed its staff and entered bankruptcy proceedings.

So while Italdesign Giugiaro has found relief from its creditors via Volkswagen Group buyout (and Pininfarina looks to be steadily recovering from the massive debt), Bertone's fate remains in question.

PHOTOS: Bertone Jaguar B99 Concept

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