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Group 20 supercar club wound up by court

By Peter Adams (third photograph by Medway Messenger) Motor Industry 05 June 2009 14:54 Another supercar club has reached the end of the road, joining a growing list of top-end supercar rental businesses that have collapsed in the recession. Group 20 has been wound up by the courts, along with sister car finance companies Vehicle Options Ltd and Vehicle Options Fleet Ltd.All three companies were investigated by the Insolvency Service after complaints, CAR can reveal.Group 20 supercar club: what went wrong?The supercar club started trading in 2006 and used a network of franchisees to sell membership to the club. Over time, Group 20 expanded to boast a rental list of exotica worth around £2 million; local newspaper reports in the Medway Messenger reveal Group 20 boasted a Lamborghini Gallardo, Porsche 911, Bentley Continental GTC and, most impressively, a Zonda F Roadster on its books.However, the Companies Investigation Branch of the Insolvency Service found that Group 20 and its parent company had numerous ‘misleading business practices’.

Mercedes E300 Bluetec Hybrid (2010) at Geneva motor show

Mercedes unveiled its first ever diesel hybrid at the 2010 Geneva motor, along with a Bluetec version of its ageing Geländewagen and an SLS AMG supercar decked out in full F1 safety car spec. They’re pretty good. The E300 Bluetec Hybrid features Merc’s 201bhp twin-turbo, 2.1-litre four-pot, with a 15kW electric motor positioned between it and the seven-speed auto ‘box.

BMW i3 & i8 EV range won’t be extended any time soon

The BMW i3 and i8 EVs won’t get a sibling any time soon BMW have ploughed a chunk of money in to the development of the BMW i3 electric city car and the BMW i8 supercar, but it seems that is going to be the extent of the BMW i range, for now at least. BMW’s head of production, Harald Krueger, has told Automotive News that there will be no further i models until BMW has a better idea of demand for their i cars. So far, the demand looks very positive for BMW, with over 11,000 i3 EVs sold already which has led to a six month waiting list for BMW buyers looking for an electric city runaround.