4 Seasons 84974 Engine Coolant Water Outlet on 2040-parts.com

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’.

Alfa again delays U.S. return as European debt crisis deepens

Alfa Romeo has delayed the U.S. introduction of several key models by at least another year and has canceled plans to build a mid-sized SUV at Chrysler Group's factory in Toledo, Ohio. Alfa Romeo CEO Harald Wester, in a presentation to financial analysts in Frankfurt on Wednesday in connection with the Frankfurt auto show, said Alfa Romeo was scaling back its global expansion plans.

Best of France and Italy car show shines

You could say the most impressive thing about the annual Best of France and Italy car show was that so many of these things made it all the way to Woodley Park under their own power. But they all did. Indeed, one of the coolest things about this show is the drive there -- you'll pass Alfettas, X-19s, Renault Dauphines, Citro