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McLaren P1 Track confirmed as McLaren Automotive goes in to profit

McLaren 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.

Ariel moves from Atoms to motorbikes in 2012

Ariel - famous to motorists for its skeletal Atom sports car - will start making motorbikes again in 2012. CAR's sister publication biking bible MCN today publishes the full story of the new Ariel superbike, likely to be priced around £20,000. Owner Simon Saunders told MCN Ariel would build the new bikes in the UK, but they would use Honda engines like the Atom sports car.

Kia to unveil Cub concept at Seoul motor show

Kia will unveil its new Cub compact four-door coupé crossover concept at this week's Seoul motor show. Designed by Kia's Namyang Design Center in Hwaseong, South Korea, the concept measures in at less than four meters long and is the latest in a series of explorations into Kia's B- and C-segment future models, following last year's Trackster concept and the Provo concept shown at the Geneva show earlier this month. From the single released image, the Cub features another possible direction for Kia's now-familar tiger-nose DRG with a slim, horizontal air intake running underneath two-point LED headlamps.