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McLaren P1 sales will double turnover and quadruple profit in 2014 for McLaren
Wed, 02 Apr 2014The McLaren P1 (pictured) boosts McLaren’s profits We’re starting to see the McLaren P1 – McLaren’s modern replacement for the iconic McLaren P1 – rolling out to lucky owners, and that will continue apace during 2014. Which means McLaren will see a big rise in its turnover and an even bigger rise in profits – up four-fold – as the £866,000 P1 replenishes McLaren’s bank account. But, although it will take a while to build, deliver and get paid for all 375 P1s, the P1 won’t be a long-term cash cow for McLaren, just a nice little booster as it starts to plan to up production to 4,500 cars a year over the next few years.
Peugeot 208 (2012) first official pictures
Wed, 02 Nov 2011This new Peugeot 208 will replace the 207 in 2012. These first official photos of the 208, issued today, reveal a compact supermini which aims to put Peugeot back on the mini map. The 208 will be sold as a three- or five-door - for now - although we'd expect a variety of spin-offs will follow, most likely including a 208 CC folding hard-top and an SW estate.
GM to import more Chevy Spark minicars from Korea
Fri, 12 Oct 2012General Motors is increasing imports of Chevrolet Spark minicars for sale in the United States following a stronger-than-expected launch here. GM recently upped its order for Sparks from the Korea plant that produces the car, Cristi Landy, marketing director for Chevrolet small cars, told Automotive News. “We've asked for more already,” Landy said Wednesday.