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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’.

Is the car industry heading toward the past?

Is the future of cars decidedly old school? An NPR blogger certainly thinks so. NPR Business Desk reporter Sonari Glinton recently likened the 2014 Detroit auto show to an era 40 years ago, reflecting the possibility that the renewed zeitgeist of an entire convention indicates a "retro" kind of thinking.

2014 Mercedes-Benz S-class gets armored

The release of every new Mercedes-Benz S-class is followed by the release of various coachbuilt variants months later, including versions that offer various levels of ballistic protection. SEMA itself produces a factory-made armored S-class. which for the past several generations of the car has been marketed as S-class Guard.