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McLaren turns the corner, posts first profits
Wed, 04 Jun 2014By 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.
Ferrari and Mercedes videos celebrate social-media milestones
Thu, 03 May 2012Ferrari and Mercedes-Benz shared a moment last week when Ferrari's Facebook page cracked 8 million fans and Mercedes' hit 2 million video views. They celebrated in similar but different ways. Ferrari took its 458 Italia and burned the digits 8,000,000 in rubber on some asphalt.
Is Mercedes preparing to buy Ducati?
Thu, 16 Dec 2010Remember the AMG-Ducati deal made at the 2010 Los Angeles auto show last month? A partnership of like-minded brands, albeit on two wheels and four. Daimler marketing types reckon that buyers of its AMG go-faster cars could in many instances be equally interested in go-faster motorbikes of the sort Ducati specialise in, and vice versa.