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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’.
Malaysian Grand Prix (2012) RESULT
Sun, 25 Mar 2012F1 Malaysian Grand Prix 2012 The front row of the grid for the Malaysian Grand Prix is the same as at Australia last week. But can McLaren dominate in Malaysia too? It seems reasonable to expect that McLaren can repeat their success in Australia last week in Malaysia with a repeat of the front row of the grid and the impetus a great start to the season brings.
Visteon reveals e-Bee 2020 mobility concept
Tue, 13 Nov 2012Visteon has unveiled its new e-Bee concept at the Electronica 2012 Trade Fair in Munich. The e-Bee is a study of mobility in the year 2020 and explores alternative transport ideas such as car-sharing and short-term rental as well as intelligent mobility. Predictable vehicle architecture is transformed by moving the climate system outside, reducing the e-Bee's weight, increasing the cabin space as well as providing easier access to comfort and infotainment features.