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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’.

Kia to unveil Cub concept at Seoul motor show

Kia will unveil its new Cub compact four-door coupé crossover concept at this week's Seoul motor show. Designed by Kia's Namyang Design Center in Hwaseong, South Korea, the concept measures in at less than four meters long and is the latest in a series of explorations into Kia's B- and C-segment future models, following last year's Trackster concept and the Provo concept shown at the Geneva show earlier this month. From the single released image, the Cub features another possible direction for Kia's now-familar tiger-nose DRG with a slim, horizontal air intake running underneath two-point LED headlamps.

Porsche future products: Small SUV, entry-level roadster in the plan

Porsche plans a major expansion of its product range by the middle of the decade. CEO Matthias Mueller has promised at least one new model a year, starting with the redesigned 911 that arrives in February. An SUV that is smaller than the Cayenne will be added, along with an entry-level roadster.