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McLaren turns the corner, posts first profits

By 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.

Four artists let loose to customize Renault Twingo cabins [w/video]

Four examples of the revised version of Renault's Twingo have been given an artistic overhaul. Four artists created four very different visions, which went on display under the title ‘Cabinet of Curiosities' from December to January at L'Atelier Renault on the Avenue des Champs-Élysées, Paris. Four artistic disciplines – fashion, food, music and design – were represented by French fashion designer Jean-Charles de Castelbajac, Italian chef Davide Scabin, former Girls Aloud member Nicola Roberts and German designer Nils Holger Moormann, respectively.

Drivers unmoved by electric cars

SUPPORT for electric cars appears to be failing to spark off real interest from drivers, according to a survey of more than 3,000 motorists. Only 1% of UK drivers own an alternative fuel vehicle (AFV), while CO2 emissions are at the bottom of the checklist when Britons are shopping for a new car, the poll by Auto Trader found. Since January 2011, motorists have been eligible for up to £5,000 upfront cost relief on the purchase of a new electric vehicle but the survey showed that 35% of drivers were unaware of this grant.