TURIN -- Carrozzeria Bertone postponed the presentation of its rescue plan to unions and Italian Industry Minister Pierluigi Bersani Tuesday in Rome.
Union representatives said Bertone also canceled a Friday meeting to reveal the rescue plan to local authorities in Turin.
According to the Italian press, Carrozzeria Bertone CEO Lili Bertone will meet with the industry minister today in Rome. The unions are not invited to the meeting.
Bertone declined comment.
In a statement released December 10, Carrozzeria Bertone said it had received a letter of intent from an industrial group with a strong track record in the automotive field that could save 1,000 of the company's 1,300 jobs.
Bertone did not provide further details.
The Italian press has speculated that Gianmario Rossignolo, a former Fiat and Telecom Italia executive, could take over a large portion of Carrozzeria Bertone's assets and personnel to build an unidentified luxury SUV.
Rossignolo denied his involvement to Italian news agencies.
The coachbuilder needs help and it needs it fast, otherwise it will be up to a bankruptcy court to decide the company fate.
Bertone is seeking bankruptcy protection so it can reorganize. A hearing on the bankruptcy is set for December 18.
Bertones production lines have been idle since summer 2006.
The company has capacity to make 70,000 units a year and needs to produce 30,000 units a year to break even. In the last three years, it lost a combined 37.3 million euros ($55.4 million) on total sales of 325 million euros ($482.9 million).
A state-funded program that pays Bertones 1,300 employees expires December 31.