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McLaren turns the corner, posts first profits

By Tim Pollard Motor Industry 04 June 2014 10:48 McLaren Automotive today announced it had broken even for the first time in its brief three-year history, posting a £4.5 million pre-tax profit in 2013. It's great news for the young supercar brand, which until now has lost money every year. McLaren's turnover was £285m, up from £267 in 2012, as it increased production towards its long-term goal of 4000 cars a year.

Chrysler Sebring and Dodge Avenger to get a new lease on life

With Fiat-based replacements still at least two years away, the Chrysler Group has delayed plans to kill its slow-selling Chrysler Sebring and Dodge Avenger, sources say. The two sedans were all but left for dead by previous owner Cerberus Capital Management. Now insiders say Chrysler intends to freshen the cars and keep them on the market until late 2012.

Aston Martin Dragon 88 Limited Edition: Beijing 2012

Aston Martin Dragon 88 Limited Edition Yet another China Special, this time from Aston Martin with ‘Dragon 88? special editions of the DBS Volante, Virage Coupe and V8 Vantage S Coupe. It seems this year is the year of the ‘Special Edition for China’, with Aston Martin offering up the Dragon 88 Limited Edition at the Beijing Motor Show.