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New car sales in Cuba soured by 400-percent markups

While most analysts expected Cuba's lift of a decades-long ban on the sale of new cars to come with an asterisk or five, few could have predicted that the internationally hailed move would immediately turn out to be a mirage. Private car sales in Cuba have been heavily regulated by the government since 1959, and imports had been banned almost entirely. On Jan.

Caparo supercars

By Tim Pollard 21 July 2008 10:42 You've probably heard of the madcap Caparo T1. CAR drove the first example and was left pondering how one of the world's fastest cars was also one of the scariest. But you might have forgotten that Caparo is better known as a huge engineering company in the automotive sector and elsewhere, employing 6000 people worldwide and turning over €1.5 billion a year.

McLaren Automotive First Anniversary: 1,000 McLaren MP4-12C sold and counting

McLaren Automotive is a year old and is celebrating selling over 1,000 McLaren MP4-12Cs in the first twelve months. It’s actually a bit more than  three years since Ron Dennis announced the formation of McLaren Automotive, which had a live launch on Cars UK on 18th March 2010. But McLaren don’t seem to acknowledge that date as the start of McLaren Automotive but instead prefer the date the first MP4-12C was sold – exactly one year ago today on June 21st 2011.