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Lotus for Sale? Proton advised to sell Lotus Group International

Are Proton about to sell Lotus? Analysts are advising Proton – owners of Lotus Group International – to divest itself of the loss-making Lotus. It was always difficult to see any sort of synergy between budget car maker Proton and Lotus.

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’.

Mazda Kazamai concept: first pictures

By Ben Pulman First Official Pictures 15 July 2008 10:42 Mazda will use the August 2008 Moscow motor show to unveil its new crossover concept, the Kazamai. Japanese for ‘swirling crosswinds’, the Kazamai is Mazda’s latest concept car to showcase the company’s Nagare design language. But alongside the wind-inspired looks, the four-wheel drive Kazamai is also said to showcase Mazda’s ‘sustainable zoom-zoom’ strategy, with the company’s latest-generation engine and transmission.