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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’.
UK buyers plugging into electric cars
Wed, 07 May 2014Renault New figures suggest UK motorists are charged up about electric vehicles (EVs), with a record number of zero-emission cars now on Britain’s roads. Figures released by the Society of Motor Manufacturers and Traders (SMMT) suggest there are more than 10,000 electric cars on the road today, with as many as 1,200 EVs sold in March alone. In the midst of an EV revolution Compare that to the lowly 270 that were sold during the same month in 2013 and it becomes hard to argue that we’re not in the midst of an EV revolution, especially when you combine the figures with the 10,200 hybrid cars sold so far in 2014, up by 45% on last year.
2012 Subaru XV Price announced
Mon, 30 Jan 2012UK prices revealed for the 2012 Subaru XV Following a debut at the Frankfurt Motor Show, the 2012 Subaru XV is now ready to go on sale in the UK. Starts at £21,295. Subaru debuted the new XV Crossover at the Frankfurt Motor Show back in September, preceded by a rather pointless tease.