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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’.
Rinspeed UC? Electric Car Concept at Geneva
Mon, 15 Feb 2010The Rinspeed UC? (Urban Commuter) Electric Car Concept Rinspeed are a Swiss car designer studio and, as you would expect on their home turf, they usually churn out a concept for the Geneva Motor Show. And this year is no different, except this concept is about Eco and Electric instead of power and performance.
Five-Door Mini Hatch Is Go
Tue, 01 Jul 2014BMW HAS announced that production of the long awaited five-door Mini Hatch has started, signaling the next phase in the car maker’s £750 million investment programme across its UK production facilities from 2011 to 2015. The car comes hot on the heels of the new Mini Hatch, which was launched in November. The new five-door version will go on sale in the autumn.