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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’.
Lexus grabs a piece of Kylie Minogue for the Lexus CT200h
Tue, 25 Jan 2011Lexus are using the delectable Kylie Minogue to promote the CT 200h The Lexus CT 200h is a new dawn for Lexus. It’s the first time they’ve competed at the compact exec level and they need to turn the world on to the difference that is the CT 200h. So they’ve grabbed Kylie.
Audi's electric R4 at the Detroit motor show 2010
Mon, 11 Jan 2010This is Audi’s latest electric E-tron sports car, unveiled at today’s Detroit motor show. Or to give the concept its official name, this is the Audi E-tron Detroit Showcar. Catchy.