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McLaren MP4-12C gets the axe

Production of the McLaren 12C is dead. That's according to a letter sent by CEO Mike Flewitt to owners that read in part, “The final piece of news I wanted to share with you is regarding 12C production, which we have decided to cease in light of the success of 650S. The new car has been so well received since its unveiling at the Geneva motor show (we already have a six-month order bank), we will focus all our capacity at the McLaren Production Centre on 650S.” This represents a turnaround for the company that just a few days ago said the 650S would slot between the 12C and P1 in the lineup, and that both would continue.

Jaguar: 0-75 years in under 4 minutes

Jaguar are celebrating their 75th Anniversary in 2010 If Jaguar had reached the milestone of 75 years of car making even five years ago, playing the ‘History’ card would have been a dangerous game. The perception then was that Jaguar were living on former glories and their cars were stuck in the past. After all, the XJ looked to many as if it had changed little in almost forty years (although it was very comtemporary under the skin) and the S-Type looked even older.

Ford begins the search for CEO replacement, report says

Ford Motor Co. has launched a wide search for candidates to succeed CEO Alan Mulally, and the list of possible replacements includes two current and two former executives, The Wall Street Journal reported. Mulally, 66, joined Ford as president and CEO in September 2006 from Boeing Co.