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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’.
Peugeot 308 (2014) first pictures of Peugeot's new Focus-fighter
Mon, 13 May 2013This is Peugeot's all-new family hatchback: the 308. Yep, that's right: Peugeot isn't rolling over to the '309' moniker, but don't be fooled: the new 308's design looks worlds apart from the off-the-pace outgoing car. Sticking with the same model names for all future cars will simplify the range for consumers, reckons Peugeot: it's a demonstration of the fightback to rebuild the brand's image (think Ford ditching the 'Escort' badge and sticking with 'Focus' instead). The new 308 is 140kg lighter than before, more economical and gets a totally rethought cabin.
Smart Fourjoy concept revealed ahead of Frankfurt motor show
Thu, 05 Sep 2013Smart will preview its upcoming second-generation Forfour at next week's Frankfurt motor show when it shows the Fourjoy, the latest concept from the Mercedes-Benz owned city car brand. Pictured here for the first time, the new four-seater follows the earlier Forus and Forstars concepts, providing clues to next year's Forfour, developed with Renault. The French automaker will offer its own version of the new car as a replacement for the Twingo.