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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’.

Campaign to tackle used car faults

A NEW INITIATIVE by the Trading Standards Institute (TSI) to help the public avoid the dangers of buying a used car has been launched. It comes after research by the TSI that shows a half of all used cars show up with a fault within a month of being bought by a new owner. In the past 12 months, the TSI has received 84,000 complaints about used cars.

Toyota drags down new-vehicle quality average; Ford leads Detroit 3 gains

Dragged down by Toyota Motor Corp., the quality of new cars and trucks sold in the United States slipped slightly this year--the first time since 2007, according to a study released Thursday. But Detroit's automakers--helped by Ford Motor Co. and some of the smoothest new-model launches ever--have matched or surpassed Asian and European rivals in initial vehicle quality for the first time, based on the closely watched J.D.