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Group 20 supercar club wound up by court
Fri, 05 Jun 2009By 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’.
Be our 10,000th Facebook fan and win a six-month subscription!
Tue, 07 Aug 2012With our Facebook page's 'Like' count continuing to rise, we're rapidly approaching the magic 10,000 mark. To celebrate we're offering a free six-month subscription to Car Design News to our 10,000th fan. We've been updating our page with archived material from auto shows stretching all the way back 2000 and in celebration of the ever-rising number of Facebook ‘Likes' we've decided to give away the fantastic prize of a free six-month subscription to the one who takes us to the five digit mark.
Citroën C-Elysée & Citroën C4 L
Wed, 20 Jun 2012The Citroën C-Elysée & Citroën C4 L are two new Citroens aimed at budget compact saloon buyers in emerging markets. The biggest car market in the world is actually the compact saloon, even if Europe, and particularly the UK, has taken to the hatch and compact SUV instead. We recently had the Peugeot 301 arrive as an offering for more budget-minded car buyers in countries like Turkey, Eastern Europe, Russia, Ukraine, Greece, Middle East and Africa, and the new Citroen C-Elysée is the Citroen take on the same objective.