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McLaren P1 Track confirmed as McLaren Automotive goes in to profit
Wed, 04 Jun 2014McLaren are building a track version of the P1 (pictured) for P1 customers only It’s only three years since McLaren Automotive entered the hugely competitive market for high-end supercars (well, it’s four years, but only three since the first 12C went to a customer), but it’s already in profit. McLaren made an operating profit in 2013 of £12.4 million (and a pre-tax of £4.4 million) on sales of £284.4 million and did so – as predicted – by hitting their sales targets – McLaren sold 1359 12Cs and 36 of the McLaren P1 hypercar. And that looks to be just the start.
New Hyundai i30 gets 5 Star Euro NCAP rating
Wed, 23 May 2012New Hyundai i30 gets 5 Star Euro NCAP The new Hyundai i30 is back in the news with an impressive 5 Star Euro NCAP rating in the latest round of tests. The new Hyundai got off to a good start when VW’s boss complained it was too well made, and since then Hyundai has gone on to prove that point by letting a ‘Flange’ of Baboons loose on the new i30 without any significant harm – to baboons or the i30. Now the official word on the i3o’s quality – certainly in terms of safety – comes with the award of 5 Stars in the latest round of Euro NCAP testing, making the new i30 one of the safest cars in the C-segment.
First customers are key to EV sales success, execs say
Wed, 15 Jun 2011Word of mouth is a key element to generating buyers for electric and plug-in hybrid vehicles. Today, it's the early adapters, tech-savvy buyers who are embracing the technology and buying the plug-in hybrid Chevrolet Volt and the battery-powered Nissan Leaf. But for these vehicles and similar models to go mainstream, anxiety about the technology needs to be eliminated.